Airtm CEO Rubén Galindo Steckel discusses how blockchain and cross-border payments can enable Latin Americans to participate in the digital economy, reducing dependency on unstable local governments and creating income opportunities without migration.
In an SDF blog post, Airtm's CEO Rubén Galindo Steckel explains how blockchain-based cross-border payments address economic instability in Latin America. With one-third of the region living below the poverty line and high unemployment, Airtm enables digital entrepreneurs to earn globally competitive wages. The company's dollar accounts and P2P marketplace process micro-transactions at $0.40 + 3% in 6 minutes, compared to traditional e-wallets charging $5 + 6% over 6 days. Airtm aims to build Web3 infrastructure for a new digital economy, similar to PayPal's role in Web2, allowing enterprises to hire globally and workers to achieve financial independence without migration.
