The Jambo platform is expanding its services to include cryptocurrency and stablecoin payment options, as well as alternative banking and earning opportunities for individuals in Africa, Southeast Asia, and Latin America. According to James Zhang, co-founder of Jambo, the integration of Jambo with Solana and Tether will provide a comprehensive solution tailored to the unique needs of these regions. Users participating in Jambo initiatives through the Jambo App on the JamboPhone will be able to earn rewards in USDT. These activities will involve educational quests and promotional tasks offered by Jambo and its partners through the $99 phone.
Overall, Jambo aims to leverage the strengths of its phone, the Solana blockchain’s speed and efficiency, and Tether’s status as the world’s largest stablecoin. By combining affordability through the JamboPhone, the efficiency of the Solana network, and the widespread use of Tether, Jambo aims to promote greater financial inclusion in emerging markets. They anticipate that the growing adoption of cryptocurrency in these regions will provide significant benefits to the people in terms of financial accessibility and opportunity.