Yeli Badamozi (Nest Coin) and Guerra Kuwana (OnAfrique) discuss how blockchain and stablecoins are addressing Nigeria's currency crisis and enabling financial inclusion across Africa, LATAM, and Southeast Asia through on-chain neobanking and payment infrastructure.
In this discussion, Yeli Badamozi (CEO of Nest Coin) and Guerra Kuwana (Blockchain VP at OnAfrique) explore how the Naira's 70% devaluation and capital controls are driving adoption of stablecoins and blockchain solutions in Nigeria and across Africa. They explain how Nest Coin's Onboard platform functions as an on-chain neobank offering USDC and euro accounts with non-custodial wallets and spending cards, while OnAfrique leverages its 15-year-old payment gateway network across 40 African countries to enable cross-border remittances and intra-Africa trade. Both emphasize the importance of localized, utility-focused solutions rather than copying global models, highlight Stellar's MoneyGram partnership for off-ramping, and discuss how young people in emerging markets are leapfrogging traditional banking to adopt on-chain wallets first, creating opportunities for builders across Africa, LATAM, Southeast Asia, and underserved regions globally.