We definitely saw more crypto transaction flows going in to these regions following the current situation. But one challenge to greater adoption is the off-ramping from crypto back to fiat currencies which is largely done online by centralized exchanges such as Coinbase and Binance.
Best case is if you keep all transactions in crypto, which can then be entirely managed P2P. Compromise case is P2P trading for fiat money, which may impact your rates but is better than nothing. Otherwise, you're at the mercy of the centralized exchanges that are in turn limited by compliance and regulatory considerations.
Unless the entire world suddenly decides to adopt crypto (unlikely), the fiat component will be a major challenge for greater usage.
So at Quidli we work on enabling orgs to internally share crypto with their members as incentives using existing workflows like via web browser and Slack - online teams and communities can use crypto as digital rewards with real value to encourage participation and engagement in their objectives, missions.
We've seen solid adoption on the Slack app and so we've now pushed to prod this v1 of a Discord app. It's not yet open-source or fully on-chain, but we make it free and it offers a friendlier onboarding experience to crypto for newbies.
Super happy to answer any questions or take feedback/comments on this from the community here. Thanks!
Best case is if you keep all transactions in crypto, which can then be entirely managed P2P. Compromise case is P2P trading for fiat money, which may impact your rates but is better than nothing. Otherwise, you're at the mercy of the centralized exchanges that are in turn limited by compliance and regulatory considerations.
Unless the entire world suddenly decides to adopt crypto (unlikely), the fiat component will be a major challenge for greater usage.