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Stablecoins for Emerging Markets with Sherry Jiang of Bluejay
Manage episode 342811608 series 3351707
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In the last episode of Sesason 3 of The Green Room, I speak with Sherry Jiang, Co-founder and CEO of Bluejay, a web3 startup that uses a decentralized stablecoin protocol to issue stablecoins pegged to non-US currencies.
Sherry is from California, spent her early career in big tech and social impact, and moved to Singapore in 2018 with Google. She spent time working on Google Pay in India and had a first row seat to the challenges to financial inclusion with web2 payments. Seeing the infrastructure possilbities with web3, Sherry founded Bluejay a little over a year ago in Q3 of 2021.
Bluejay mints emerging market stablecoins and manages a pool of capital to maintain a peg that reflects the real-world value of currency, which has become especially useful for cases like cross-border business payments and payroll. Bluejay’s first market is Singapore, and they are looking to expand across Asia. They closed a $2.9 million seed round in July. You can learn more about them by visiting bluejay.finance.
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