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So it looks like we have Pendulum initiatives in Africa, Europe and South America via Brazil - just Asia/Australia/NZ to go.
Genuinely looks like things are moving on speedily.
PD
Pendulum & nTokens: A New Horizon in Latam
Pendulum is excited to join forces with a new partner in the Latam region, with nTokens joining our network. This partnership provides more options for businesses and users of the Brazilian fiat currency to utilize Pendulum’s infrastructure. nTokens is a tokenizer based in Brazil that specializes in generating compliant tokens. They have been operating their BRL stablecoin, nBRL, for over three years. Recently, nTokens was accepted into the Brazilian Securities Commission (CVM) Sandbox program as an authorized tokenized market for startup securities.
nBRL Brazilian Stablecoin
Through this partnership, nTokens’ nBRL stablecoin is now linked to the Pendulum ecosystem. The goal is to provide users of Pendulum and Polkadot networks with access to a stablecoin that is compliant, 100% convertible, and fully reserve-collateralized. nBRL is redeemable 1:1 for BRL with settlement via PIX. nBRL is 100% backed by deposits in Brazil. This partnership will also increase interoperability for current Stellar network users who hold BRL tokens. This partnership will provide a secure and efficient means of holding and hedging BRL currency exposure within the Pendulum ecosystem.
Pendulum’s Internet of Fiat
Pendulum’s mission to enhance financial inclusion globally involves integrating fiat stablecoins from multiple countries. With our partnership with Stellar, access to a diverse range of stablecoins on the network is made possible. The Spacewalk bridge connection between Pendulum and Stellar, along with all Polkadot Substrate chains, enables the use of Stellar’s stablecoins for various DeFi applications on Pendulum.
Furthermore, the upcoming launch of the 0xAmber Forex-optimized AMM on Pendulum will provide liquidity pools for multiple stablecoins. Unlike traditional AMMs, 0xAmber operates as a PMM or Proactive Market Maker, which avoids causing any impermanent loss for liquidity providers.
“At nTokens we are excited to begin this partnership: we have been working for a while towards this and in the process only got more confident on the alignment and capability of Pendulum team.”?—?Thomaz Teixeira, nTokens CEO.
Summary
The partnership between Pendulum and nTokens will provide a whole new ecosystem of opportunities and use cases for BRL nTokens’ users. It also offers a reliable way to gain exposure to one of the top 20 most traded currencies in the world. Be sure to stay informed by joining the Pendulum community on social media for the latest updates. We appreciate your involvement in connecting Forex with the DeFi world!
About nTokens
Brazil-based tokenizer specializing in compliant token generation. Operated the nBRL stablecoin for over three years. The Brazilian Securities Commission (CVM) Sandbox program has authorized nTokens as a tokenized market for startup securities.
Looks like an opportune time to be entering the African market place
Nigerian president-elect aims to use blockchain technology in the banking sector
https://cointelegraph.com/news/nigerian-president-elect-aims-to-use-blockchain-technology-in-the-banking-sector
CoinMarketCap now displaying pen prices - progress!
MYKOBO’s EURC Stablecoin to Integrate with Pendulum
https://medium.com/pendulum-chain/mykobos-eurc-stablecoin-to-integrate-with-pendulum-6c52147309cf
... and if youd looked into the UK company B'Dotte .... it never ever traded and only ever filed Dormant Accts ... so strike off absolutely zilch concern ...
13 Mar 2023 14:04
' does BLU own PEN? I can't remember @
... not yer strogest point ... research huh ! ? ;-))
Bernodotte - Registered in Lithuania, not UK.
https://www.info-clipper.com/en/company/lithuania/mykobo-uab.ltdbdgdon.html?retry=1
https://mykobo.co/
MYKOBO is a pioneering technology company that provides a bridge connecting the European financial infrastructure to the blockchain using Stellar.
The EURC stablecoin issued by MYKOBO and pegged 1:1 with the Euro fiat currency allows businesses and individuals to move seamlessly between traditional fiat financial services and the blockchain.
As a Stellar partner, MYKOBO is able to leverage the low network fees and the standard protocols that enable interconnectivity pretty much anywhere in the world to provide fast, affordable and meaningful services to businesses and users in Europe and beyond.
Founded 2022 (Non-UK)
https://find-and-update.company-information.service.gov.uk/company/12130420/officers
company is dissolved lol
MYKOBO and Pendulum have announced a strategic partnership that will enable Pendulum’s customers to gain access to the Euro coin (EURC) on Stellar. This collaboration marks a significant milestone for both companies in their respective industries.
As a leading blockchain technology firm, MYKOBO has a mission to make cross-border payments more affordable, faster, simpler, and transparent through the use of EURC. The company’s aim is to deliver a secure and user-friendly platform that allows customers to purchase, sell, and store digital currencies.
EURC Stablecoin
The strategic alliance between MYKOBO and Pendulum presents a valuable opportunity for Pendulum users to access EURC, an asset-backed stablecoin with a 1:1 peg to the Euro fiat currency. The EURC provides a bridge connecting the European financial infrastructure to the blockchain using the Stellar Network. MYKOBO’s API integrated with Pendulum’s infrastructure will allow businesses to interact with EURC on their platforms and dApps seamlessly.
This partnership marks a significant milestone for both organizations and underscores the escalating significance of digital currencies in the African market. As MYKOBO and Pendulum join forces, their collaboration will undoubtedly set the stage for further fintech innovation in the region, thereby facilitating greater access to financial services and fostering increased participation in the digital economy.
I think we are due an alt season soon so would expect PEN to follow upwards accordingly.
should be clear of .2's on Amplitude or Dynasty announcement
about time too
Excellent start to the week for Blu on a day when global markets continue to fall. It seems an alternative to banks is proving popular on a day when Banks are under considerable pressure. Currently number 3 on the Leaderboard Up 11%.
Yes, just wait until we get around to having a poo!
Excellent start to the wee
Not sure. Does seem like that on the groups though.
@davetk
why would the majority want AMPE ? , i had thought ampe was just a test environment.
pendulum is the main event !!
We could easily see AMPE listened this week. On the Pendulum groups it does seem like this is the one they all want listing and going live.
Definitely listing before end of a March so not long to wait on that one :)
Thanks
What I see is there is a lot of blue sky above 0.6. You have to go all the way back to 2018 to see just a few weeks when the shares been trading at that level. The rest of the time we have been below that level. We break that and it could go on a big run?!
“The longer the base, the higher the space”, as they say. And that just means that a long base leads to a much longer and stronger move when it does finally begin"
For those interested in the recent getpiad Africa development , this McKinsey report is well worth the read.
The future of payments in Africa
https://www.mckinsey.com/industries/financial-services/our-insights/the-future-of-payments-in-africa
Digital Payments - Africa
Total transaction value in the Digital Payments segment is projected to reach US$146.40bn in 2023.
Total transaction value is expected to show an annual growth rate (CAGR 2023-2027) of 16.01% resulting in a projected total amount of US$265.20bn by 2027.
https://www.statista.com/outlook/dmo/fintech/digital-payments/africa
what are we expecting as the next substantive piece of news?
i would very much like it to be Dynasty, however i do believe it will be more from Satoshipay/Pendulum.
so we have the token trading (well done Satoshipay/Pendulum) so what next is likely to move our indolent share price.
i did think that we would be in 0.4's when Satoshipay got a project over the line, as its real world and the market can no longer attribute a zero value to it.
would like to see multiple announcements this month from Satoshipay.
Within a month
Lots of positivity here, saw it rose massively a few days ago. Do people see this going to 1p within a year?