Marek Olszewski

is this yoga instructor in Malawi.

So this yoga instructor in Malawi, when COVID hit, he had to close down his yoga studio and he took his business online.

And I think just because the time zones lined up, he somehow started getting customers in Europe.

And then he ended up getting, I think towards the end, like the majority of his customers.

And I think something like Norway in markets around Scandinavia.

And he, for the longest time, was using MoneyGram to have these people pay for their lessons.

And then he came across MiniPay and realized that it was, even with the users having to on-ramp and pay on-ramping fees in Europe, and even with him having to pay off-ramping fees in Malawi, it was still, I think, 40% cheaper than MoneyGram.

Since then, MiniPay has also removed these on and off ramping fees.

So it's even more advantageous.

And so this was a big unlock for this person.

He got to keep more of the money that he was earning.

And the other thing that he was very happy about was he could keep it in dollars when he received it and only needed to convert it to local currency when he wanted to spend it.

And so he was actually able to hedge currency risk and inflation and all of that basically without any additional effort.

So that's one interesting use case is people who... The workforce is becoming increasingly global, but it's still hard to pay people globally.

If you want to hire, say, I don't know, a software engineer in Nigeria...

It's being quite difficult without crypto to pay these folks.

Software engineers, I think they can be relatively crypto savvy, but if you want to hire, I don't know, some sort of other freelancer that maybe is more of a normie type person.

then MiniPay is increasingly becoming a really great way for these people to earn money overseas.

And MiniPay launched something pretty cool recently.

They added the ability for anyone in the world