
technologyJan 30, 20201:14:33pending
XRP - The Remittance Standard? with Bitso CEO Daniel Vogel
About this episode
This is one conversation the entire #XRParmy is going to love. Daniel Vogel, CEO of Bitso, which is Mexico's largest crypto exchange details how the company is utilizing XRP the asset (not just Ripple software) to catch a piece of the $35B in remittances that flows across the US-Mexico border each year. Sourced mainly from Moneygram in the US, Bitso saw $18M in XRP remittance volume the last week of December and that number has been growing 15-20% each week. Daniel hopes to catch as high as 20% of the weekly US-Mexico remittance flow by the end of 2020.
Beyond highlighting a clear win for the Ripple team and XRP, this conversation sheds light on a region of the world that is ripe for crypto adoption beyond pure speculation. Bitso's home country of Mexico is home to 125 million people, 87 million of which have smartphones while only 40 million have bank accounts - only 22 million of these bank accounts are active. Basically, the perfect ingredients for crypto adoption.
---
If you enjoyed this conversation, share it with your colleagues & friends, rate, review, and subscribe.This podcast is presented by BlockWorks Group. For exclusive content and events that provide insights into the crypto and blockchain space, visit them at: https://www.blockworksgroup.io
Get every episode summarized
Each time Messari's Unqualified Opinions publishes, we email you a written briefing from the transcript — the topics, who appeared, and any specific claims, with the ad reads skipped.
Email me new episodesFree for 3 shows. No card needed.
Hosts & guests
No transcript yet
This episode has not been transcribed. Request it and it moves to the front of the queue.
More episodes
More from Messari's Unqualified Opinions

edgeX's Explosive Q4: RWA Perps, Upcoming TGE & Circle Integration
Messari's Unqualified Opinions
Mar 16, 202627:14completed

Equity Perps, Uniswap Buybacks & BitTensor's Decentralized Inference
Messari's Unqualified Opinions
Mar 6, 202640:09failed

How USD.AI Disrupts Private Credit with On-Chain GPU Financing
Messari's Unqualified Opinions
Feb 17, 202642:21pending

Will Prediction Market Volumes Continue to Grow? Bull vs Bear Case | Messari Ful...
Messari's Unqualified Opinions
Feb 13, 202647:46pending