# Live Demo: Enabling fully on chain payments || Sebastian Burkhard

- Channel: [Stable Summit](https://streameth.org/stable_summit)
- Date: 2024-07-12
- Duration: 13:55
- Topics: cryptocurrency, fintech, blockchain, stablecoins, emerging markets
- Watch: https://streameth.org/watch/669120a7204c615d538011f7

## Description

Live Demo: Enabling fully on chain payments This video features a speaker with a decade of experience in building banking infrastructure, discussing the future of stablecoins in emerging markets by 2030. The speaker, who has a background in leading a successful payment processing company in Latin America, believes stablecoins will become the primary form of money in these regions. They outline three main use cases for stablecoins: as a store of value based on USD (e.g., USDC, USDT, DAI), as investment products linked to U.S. treasuries (e.g., USDM, Ondo), and for financial infrastructure tied to local currencies and payment instruments. A significant point made is the difficulty for individuals in emerging economies to access U.S. dollars and how stablecoins provide an easier and more accessible hedge against local inflation. The video also highlights the barriers faced by people from emerging markets when trying to invest in U.S. markets due to high minimum account requirements compared to their average wages. The speaker invites questions via email at the end of the presentation.