We just launched @Infinite Accounts – dedicated accounts, ACH, wires, and stablecoin mint/burn/transfers through a single API. Banking services by Erebor Bank, N.A., Member FDIC. Stablecoins are not FDIC-insured and may lose value. prnewswire.com/news-releases…

"We really need multi-currency stablecoins across the board. The people that are saying it's just all gonna be dollars, I think they're wrong. I think we need stablecoins basically for every currency." @SimkinStepan, CEO of Squads / @altitude used Stabledash Live to make an open call to stablecoin builders: "If you're doing anything cross-border, you're dealing with different currencies. You don't want to just get your FX rate just in time. You want to do proper treasury management, hedge yourself from any FX risk, hold different currencies on your balance sheet. It's completely normal." "A lot of teams are going after different local currency stablecoins, but they're all very early and there's zero interoperability." "We'd love to talk to anybody who's trying to figure out how to do this efficiently."

"Whoever nails economic activity in low Earth orbit by default basically wins the rest of the solar system and likely the rest of the galaxy," @zebulgar said. "I think it’s incredibly important that a Western democratic free nation does that first."

“Go bare metal” has stuck in my head since my chat with @nvs Blown away by what @andrekdo and team continue to ship with our BARE METAL media product. A POV of our “producer view” (warning: you can hear everything)

the gap between “model can do it” and “user gets value from it” is still large. I spend a lot of my time thinking about this.

man the early days of the internet were so special

We're offering an exclusive deal on @Infinite Accounts to help @YCombinator portfolio companies scale their global payments programs using stablecoins If you're a current or previous YC company, DM me to learn more and get set up. More on Infinite Accounts in our launch post below ⤵️

Companies using multiple stablecoin partners often force the same customer through duplicate KYC processes across various portals and user flows. @infinite cofounder and CEO @nvs explains why that compliance orchestration fails: the requirements across partners evolve constantly, and nobody is stitching the data together intelligently across entities.

IMO the best startups do things you could never, ever distill into replicable advice

When @nvs joined @coinbase after the 2017 crash, $BTC was trading at $3,000. Fifty ex-founders in the building getting together for dinners and watching the same market cycle play out. Nikhil, cofounder and CEO of @infinite, says this environment taught him what people can actually build in a bear market. He learned to think long term and developed a deep conviction that this future model of reality must exist. This conviction entirely shaped how Infinite approaches embedded payments.

When Infinite launched, @ycombinator partner and @monzo founder @t_blom advised @nvs to go completely bare metal. Nikhil, founder and CEO of @infinite, took this literally by stitching bare metal compliance data, fraud prevention, and sponsor banking relationships into a vertically integrated payments stack. This approach resulted in a developer product built from first principles around the actual end user experience.

Being an entrepreneur is mostly about coming up with an important mission, being unreasonably determined to get there, and being willing to look stupid for many years.

We keep hearing about 10x or 100x productivity gains in engineering and knowledge work. But outside the model labs, I haven’t seen the corresponding 10-100x revenue growth across the market or increase in quality. So where is the productivity going?

Crypto is a legit and indeed inevitable technology. Usually such things are net positive.

sending $100M wire costs $0-15 sending $100M of the largest stables costs $30-100k (unless your recipient keeps it in stables) for true stable adoption, fungibility with dollars >>> exit fees from leaving ecosystem it’s simple logic