Exclusive: Crypto Now a Daily Tool in Emerging Nations, Says Uphold’s Robin O’Connell
Crypto has become an essential daily tool in regions where local currencies are weaker, according to Robin O’Connell, the CEO of Uphold Enterprise.
O’Connell, who talked with Cryptonews correspondent Matt Zahab at the Consensus 2024 conference in Austin, Texas, discussed the company’s role in empowering individuals in weak currency nations through cryptocurrency adoption.
O’Connell began by introducing Uphold, an established player in the crypto space since 2014.
Known for their widely used wallet with millions of users worldwide, Uphold has now expanded its offerings through Uphold Enterprise.
Their latest product, Topper, serves as an on-ramp and off-ramp for self-custodial wallets, decentralized exchanges, and DeFi projects.
Topper provides a regulated entity that handles the necessary procedures like KYC and bank connectivity, simplifying the process of buying and selling crypto for users.
The conversation quickly turned to the impact of crypto adoption in emerging countries.
While North America sees limited crypto adoption outside of the dedicated crypto community, in regions like South America and Eastern Asia, where local currencies are weaker, crypto has become an essential daily tool.
Uphold Enterprise, in collaboration with Topper, aims to bridge the gap by providing access and onboarding solutions to empower individuals in these regions.
O’Connell highlighted that Topper operates as a B2B business, integrating with existing self-custodial wallets that have millions of users globally.
By partnering with these wallets, Uphold Enterprise extends its services to end-users in regions like Latin America, offering more payment options and facilitating crypto transactions.
“We’re integrating and integrated into a lot of major
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