There are over 160 different currencies in the world. 27 of them experience double digit inflation, triple digit inflation, and even hyperinflation. There is insane global demand for dollars, but local banks make it hard to get. Stablecoins pierce through these limitations, but stablecoins have not reached their full potential yet.
Traditional payment rails are easy to use on mobile. Just enter your CC details and you can spend your money across any app. It's easy and portable. Contrast that to crypto where itβs so difficult to spend on mobile that people resort to using centralized Telegram bots to get the UX they need. We believe there's a better way.
With Blast Mobile, we're making stablecoins easy to access and use for anyone with a phone and an internet connection. You can onramp with your credit card, from an exchange, or from your wallet by depositing USDC or USDT. You can spend your crypto dollars across apps from a single wallet. You don't need any separate tokens for gas. It's easy enough that anyone outside of crypto can get started without a big learning curve. Our goal is to accelerate the dollarization of the world, and in doing so we will support the USA from the USA.
Weβre combining Arcade Research and Blast Foundation operations into a single streamlined structure run by
@PacmanBlur. Blast is made in the US and we will support the burgeoning crypto market in the USA.
With this change, weβre introducing Blast Mobile and over 50% APY on USD!