Fast and affordable decentralized financial products to every mobile phone user in the world
Telcoin is partnered with Mobile Network Operators (MNOs) and mobile money platforms globally to bring fast and affordable DeFi products to international communities.
With more than 5.2 billion¹ active subscribers globally, telecoms have the largest captive audience of retail users that are ready and willing to use mobile financial services in their daily lives. This is evidenced by the rapid growth of mobile money platforms, which now exceed 1.2 billion users generating over US$2 billion in daily transaction volume².
DeFi (decentralized finance) has revolutionized finance by enabling the creation of user-owned, automated, non-custodial applications accessible to everyone with an internet connection. DeFi transactions execute in code rather than through intermediary institutions, lowering costs and returning fees to users that provide liquidity or other services to the platform.
Telcoin is designed to complement telecom, mobile money, and e-wallet partners globally with both traditional fiat and blockchain transaction rails that underpin our fast and affordable digital financial service offerings. Telcoin combines the best parts of the burgeoning DeFi ecosystem with our compliance-first approach to each market, ensuring that the company takes on a fraction of traditional financial counterparty, execution, and custody risks.
https://www.gsma.com/mobileeconomy/wp-content/uploads/2021/07/GSMA_MobileEconomy2021_3.pdf
https://www.gsma.com/mobilefordevelopment/wp-content/uploads/2021/03/GSMA_State-of-the-Industry-Report-on-Mobile-Money-2021_Full-report.pdf
