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The Case for Stablechains - Why Payments Don’t Belong on General-Purpose Blockchains 🎙️ Payments are the oldest function in finance. The underlying rails still carry a lot of legacy weight. General-purpose blockchains gave us a crypto-native alternative, but they weren’t built for payments. Can stablechains fix the rails, the...

12,437 次观看 • 6 个月前 •via X (Twitter)

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.Sam Broner spent years at a16z crypto studying hundreds of stablecoin-focused startups. Mature fintechs, banks weighing their stablecoin strategy, early teams pitching infrastructure plays. The one pattern that kept surfacing: stablecoins were built for trading, not payments. Before a16z, Broner was an engineer at Microsoft, where he built the Fluid Framework that helped re-platform Word from desktop to browser. He demoed for Bill Gates two weeks into the project. Spent time at the Boston Fed's stablecoin initiative during MIT Sloan, angel invested in Cursor before most people had heard of it, and kept circling back to the same problem: moving from one stablecoin to another still works like a trade, not a payment. That's when he founded The Better Money Company - a stablecoin clearinghouse. Any stablecoin in, any stablecoin out, at a fixed price, with a guaranteed time of delivery. Its member issuers include Bridge, Paxos Labs, Agora, M0, MoonPay 🟣, brale, and Frax Finance ¤⛓️¤. Clients include Ramp, Privy, Turnkey 🔑, and Modern Treasury. The Better Money Company raised $10 million from a16z crypto, BoxGroup, and Sunflower Capital, and came out of stealth last week. Broner's point is simple. You don't sell Wells Fargo dollars at a variable price to get Bank of America dollars. Stablecoins shouldn't work that way either. Sam Broner sat down with Drew Rogers in Brooklyn. 00:00 - "I was living in Beijing in 2017" 02:24 - Paperwork in payments, and why engineers find it ridiculous 06:49 - MIT Sloan, the Boston Fed, and the stablecoin research scene 09:07 - The Fluid Framework: coding under a podium while Satya watched 13:10 - Why making payments a little bit better matters at massive scale 15:08 - Stablecoins are optimized for trading pairs, not payment flows 17:20 - What a clearinghouse is: from London taverns to hub-and-spoke 21:46 - Guaranteed pricing, guaranteed settlement, compliant clearing 25:41 - "Better money needs to be one to one" 31:52 - Instant payouts for gig workers: a weekend build on stablecoin rails 33:49 - Tourists in the Bazaar: how agents will transact 39:58 - Atomic payments and why faster settlement changes everything 44:01 - Why enterprise agent payments dwarf consumer agent payments 47:38 - Selling shovels vs. going for gold 53:24 - What's next for The Better Money Company Episode 0048, Presented by Altitude

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From a Thai prison cell to a fintech empire processing $1.6B in international payments across 40+ banks and 250M+ users. Jonathan Low (Jonathan Low). Forbes 40 Under 40. Author of "Cell to CEO." We covered prison, banking for AI agents, RWA projects, the future of crypto in banking, vibe coding for trading, and the businesses that win the next 5 years. ⏱ Timestamps: 00:00:00 — Teaser 00:00:46 — Who is Jonathan Low 00:01:35 — What Jonathan's life was like before prison 00:02:13 — How and why Jonathan ended up in prison 00:02:57 — Prison conditions: expectations vs reality 00:07:33 — Prison became the greatest blessing 00:09:12 — How the entrepreneurial journey began after prison 00:10:34 — Why social capital matters 00:11:06 — Launched own club and took it to the top in 3 months 00:12:09 — Built an Axie Infinity gaming guild during COVID 00:13:49 — The beginning of the BipTap Group journey 00:17:23 — How Jonathan built his own banking system 00:20:07 — How to get a crypto card 00:22:03 — How much it costs to launch a white-label solution with BipTap 00:22:58 — Banking for AI agents 00:25:57 — How to build an RWA project 00:27:45 — Future of cryptocurrencies in banking 00:32:08 — The business verticals within Empire Group 00:32:48 — What Jonathan invests his money in 00:33:54 — How relationships with regulators are built 00:34:43 — Implementing AI in business 00:36:28 — Vibe coding in trading 00:40:06 — Advice for first-time founders 00:43:36 — From construction to trading: Ruslan Khairullin's journey 00:44:57 — Inner peace: why calmness is essential for founders 00:50:39 — Work-life balance for entrepreneurs 00:53:47 — $1.5 million in 24 hours on TST coin 00:55:11 — The best way to capture a market 00:55:57 — Banking for nations Watch the full conversation and let me know which part you liked the most 👇

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16,872 次观看 • 1 个月前