Money Deep Dive

How Currency Crises Are Fueling a Shadow Economy Powered by Stablecoins


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When a country’s currency collapses and banks stop sending money abroad, how do businesses survive?

In this episode, we explore how stablecoins like USDT are becoming lifelines in countries facing extreme currency devaluation — from Bolivia to Lebanon, Nigeria, Argentina, and beyond. Entrepreneurs are stepping in to bridge the gap, creating underground payment networks that are faster and cheaper than banks.

We break down:
- Why black-market exchange rates dominate in crisis economies
- How stablecoins are used to import goods and pay suppliers
- The legal risks of acting as an unlicensed money transmitter
- How license sponsorship offers a path to scale — without breaking laws
 
Learn more about license sponsorship: https://faisalkhan.com/solutions/licensing/money-transmitter-license-mtl/

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#stablecoins #currencycrisis #crypto #usdt #financialinclusion #emergingmarkets #blackmarket #remittance #podcast

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Money Deep DiveBy Faisal Khan