Panel discussion on blockchain and stablecoins for cross-border payments in Colombia, featuring Stellar Development Foundation, UNCLAP, Finclusive, and CAF. Speakers explore how Stellar infrastructure can reduce remittance costs, enable financial inclusion, and support small business payments while emphasizing regulatory collaboration and financial education.
Gabriel Bisama from the Stellar Development Foundation led a panel on innovating Colombia's financial system through blockchain technology and stablecoins. The discussion featured UNCLAP (issuing stablecoins for Latin American currencies), Finclusive (providing AML/KYC compliance infrastructure), and CAF (Latin American development bank). Key topics included reducing cross-border payment costs from 6% to fractions of a cent, enabling remittances and B2B payments, leveraging Stellar's immutable ledger for compliance, and addressing financial literacy gaps. Panelists emphasized working with regulators through sandbox programs, building infrastructure for third-party developers, and incorporating behavioral economics into financial education. Additional use cases discussed: local payments, small business lending, humanitarian aid distribution, and digital identity for unbanked populations.