On The Brink with Castle Island

Ruben Galindo (Airtm) on distributing USD to Venezuelan healthcare workers (EP.123)


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Ruben Galindo, cofounder and CEO of Airtm, joins the show. Recently, Airtm has been in the news as it was reported that Juan Guaidó, Venezuela's would-be President, was using the app to coordinate the disbursement of funds seized from the Maduro regime to healthcare workers in Venezuela. In this episode:

  • Why Ruben cofounded Airtm 
  • How Airtm creates local liquidity for dollars against any local currency
  • How Airtm manages their reserve
  • How Bitcoin and Ethereum intersect with AirUSD
  • How Airtm creates local liquidity on their platform
  • The size of Airtm's userbase globally and in Venezuela
  • Why international freelancers gravitate towards AirTM
  • The genesis of Airdrop Venezuela
  • How Airtm linked up with Venezuelan president Juan Guaido to distribute payments to Venezuelans
  • The genesis of the plan to distribute seized funds to Venezuelan healthcare workers
  • How Airtm is planning to route around Maduro's attempts at censorship
  • How Airtm manages the physical risks of running a grey market business in Venezuela

Read more about Airtm here.

...more
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On The Brink with Castle IslandBy Castle Island Ventures

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