raising 120 millions for it's wallet ? This will be serious competitor for rsr since you would be able to pay with usdc ?
There are other similar solutions on the market already, like Binance Pay, Valora, and (up to recently) Valiu. One of the key steps-ahead Reserve has is that we have adoption team actively talking to merchants & customers about the benefits of accepting RSV as a payment solution or as a way to pay out employees. Besides that, the difficulty with other solutions is often that Bolivar/Peso on-ramps are hard to find (pretty sure that will also be an issue with Solana Pay).
What about other markets, we should not be focus on bolivar, what are the adoption in other markets
What markets are you referring to? Other countries in Latin-America, or are you thinking more globally? Keep in mind that I did not just mention Bolivars, but also Pesos (as in the Argentine Peso & the Colombian Peso) - the same on-ramp issues can exist for those.
More globally, why just focusing in some latin american country, rsr need to be established in all countries with high inflation, there are lot in Africa, Asia.
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