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1/ Given MemeChat team's deep network in commerce and traditional banking, we have high confidence this will be become an inflection point in Mongolian finance and payments. Expect MemePay to dominate local payments over the next year.

8:48 AM · Nov 29, 2019Twitter Web App

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2/ Whereas other governments are obsessed over maintaining control over their currencies, Mongolia has a much more urgent mandate of digitizing its financial infrastructure. Terra is honored to be a key player in helping to achieve that mission.

Do Kwon

@stablekwon

Nov 29, 2019

3/ We've had free rein to experiment with many features of money and cryptocurrency over the past year - an entire population just becoming acclimated to mobile payments, > 90% mobile penetration, and regulators receptive to nontraditional forms of innovation

Do Kwon

@stablekwon

Nov 29, 2019

4/ We will be following up our Mongolia launch with detailed analyses of how #cryptocurrency looks like when deployed at scale to a major developing nation.