Questions & Answers
What's the story behind your company?
Growing up, I watched my family lose hundreds of dollars every time they sent money to India: waiting days for wires to clear, paying unnecessary fees, with no good alternative. Stablecoins bring a new opportunity to revolutionize cross-border payments, settling in minutes at a fraction of the cost, without any crypto complexity for the user.
What sets you apart from others in your industry?
We are the first company to offer on-chain foreign exchange rate locks, enabling businesses to hedge stablecoin foreign exchange for up to 180 days. Combined with our banking partnership for letters of credit, we give enterprises the rate certainty of traditional finance with the cost savings of stablecoin rails, something no one else offers today.
Why are you excited about your company/product?
Most enterprises can't take advantage of stablecoin foreign exchange because rates only last a few minutes. As soon as we launched our on-chain foreign exchange rate locks, we saw immediate market pull and doubled our transaction volume.
