Global Crypto's Focus on Africa with Visa's Cuy Sheffield & Stellar's Tori Samples
06/22/23 • 49 min
Here at crypto@scale, we're of the belief that Africa is home to market conditions that will enable widespread, mainstream crypto adoption, and that many of the most immediate and meaningful crypto use cases will happen on the continent.
We’re not the only ones who think that - and in today’s episode we’re joined by two friends from outside of the continent who are both deeply interested in the African crypto ecosystem, as well.
Today’s guests are Tori Samples, senior product manager at Stellar Development Foundation, and Cuy Sheffield, the head of crypto at Visa.
Follow us on twitter: https://twitter.com/cryptoatscale
crypto@scale is sponsored by Ripple.
Across Africa, Ripple is partnering with local financial institutions and fintechs to bring the benefits of better cross-border remittances to the region. To learn more and get in contact with the Ripple team, head over to ripple.com.
00:00 - Intro
02:43 - Intro to Tori
04:35 - Intro to Cuy
08:29 - Visa is investing $1 billion in Africa
10:37 - Why SDF is focused on Africa
15:09 - Crypto use cases on the continent
30:42 - Crypto-enabled impact and change
43:40 - Tori's recommendations
44:55 - Cuy's recommendations
48:28 - Follow all of us on Twitter!
Here at crypto@scale, we're of the belief that Africa is home to market conditions that will enable widespread, mainstream crypto adoption, and that many of the most immediate and meaningful crypto use cases will happen on the continent.
We’re not the only ones who think that - and in today’s episode we’re joined by two friends from outside of the continent who are both deeply interested in the African crypto ecosystem, as well.
Today’s guests are Tori Samples, senior product manager at Stellar Development Foundation, and Cuy Sheffield, the head of crypto at Visa.
Follow us on twitter: https://twitter.com/cryptoatscale
crypto@scale is sponsored by Ripple.
Across Africa, Ripple is partnering with local financial institutions and fintechs to bring the benefits of better cross-border remittances to the region. To learn more and get in contact with the Ripple team, head over to ripple.com.
00:00 - Intro
02:43 - Intro to Tori
04:35 - Intro to Cuy
08:29 - Visa is investing $1 billion in Africa
10:37 - Why SDF is focused on Africa
15:09 - Crypto use cases on the continent
30:42 - Crypto-enabled impact and change
43:40 - Tori's recommendations
44:55 - Cuy's recommendations
48:28 - Follow all of us on Twitter!
Previous Episode
Wallets & Crypto Adoption with Nestcoin's Yele Bademosi & WalletConnect's Will White
In today’s episode, we’re joined by Yele Bademosi, the Co-founder and CEO of Nestcoin, and Will White, the COO of WalletConnect, to talk about a critical piece of crypto infrastructure: Wallets.
When talking about wallets here, we’re talking about non-custodial wallets - where users have full access and control over their private keys, unlike a custodial wallet which relies on and trusts third parties.
In the context of web3, we’re excited by the opportunities enabled by connecting a wallet and a user’s tokens or transaction history to a decentralized application. At the same time, we hear a lot about user experience challenges in the crypto ecosystem and wallets, of course, are central to that conversation.
crypto@scale is sponsored by Ripple.
Across Africa, Ripple is partnering with local financial institutions and fintechs to bring the benefits of better cross-border remittances to the region. To learn more and get in contact with the Ripple team, head over to ripple.com.
03:11 - Intro to Yele, Nestcoin and Onboard.
04:05 - Intro to Will and WalletConnect.
06:45 - WalletConnect as web3 infrastructure.
11:04 - The UX challenges with non-custodial wallets.
22:48 - The question of localization in the global crypto sector.
27:40 - The crypto ecosystem’s focus on Africa.
38:39 - Use cases.
50:13 - Follow Yele on Twitter.
50:36 - Follow Will on Twitter.
51:01 - Follow crypto@scale on Twitter.
Next Episode
Why Crypto Needs Africa with Yoseph Ayele
In today's episode, we're talking about why Web3 and crypto need Africa. We're joined by founder and investor Yoseph Ayele, who we first met in Nairobi earlier this year, during a four-country learning and listening tour he organized with the Ethereum Foundation, for which they were joined by Ethereum founder, Vitalik Buterin.
Yoseph believes that crypto needs Africa, and he's working to build bridges between the global crypto ecosystem and the communities and builders on the ground across the continent.
In this episode, we talk to Yoseph about that work, about his thesis that crypto needs Africa, about his vision for a borderless Africa, and much more.
00:00 - Intro
03:39 - Yoseph's background
08:00 - Why does crypto need Africa?
19:46 - Ethereum Foundation's Africa trip
24:37 - Global crypto's interest in Africa
32:44 - Borderless Africa
36:12 - Recommendations + follow us on Twitter
crypto@scale is sponsored by Ripple. Across Africa, Ripple is partnering with local financial institutions and fintechs to bring the benefits of better cross-border remittances to the region. To learn more and get in contact with the Ripple team, head over to ripple.com.
Follow us on Twitter: https://twitter.com/cryptoatscale
Follow Yoseph on Twitter: https://twitter.com/yosephayele
Yoseph's keynote at Devcon Bogotá: https://youtu.be/9X6HqcuL2Zk
Yoseph's keynote at EDCON2023: https://youtu.be/a2cT9qIyG88
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