AMA recap with MYKOBO CEO Seyi Akin-Olugbemi, issuer of the EURC Euro stablecoin on Stellar. He discusses his background in fintech, the motivation behind MYKOBO for financial inclusion in Africa, and why Stellar is ideal for value transfer. MYKOBO app supports EURC, USDC, XLM, and AQUA, all on Stellar, with upcoming liquidity pools.
Seyi Akin-Olugbemi, CEO and co-founder of MYKOBO, shares his journey from tech support to IT Director and now leading EURC stablecoin issuance on Stellar. Motivated by challenges in remittances to Nigeria and Ghana, MYKOBO aims to bridge European finance to blockchain for financial inclusion. Stellar was chosen for its protocol-level support for value storage and movement, plus its strong community. EURC is a 1:1 Euro-pegged, asset-backed stablecoin issued by MYKOBO UAB. The MYKOBO app currently supports holding EURC, USDC, XLM, and AQUA exclusively on Stellar, with liquidity pools like XLM/EURC available and EURC/USDC and AQUA/EURC coming soon. Circle partners for USDC infrastructure but does not manage MYKOBO's treasury.
