2. I will forward your substack to my son. Freshman in business school who is loving his financial accounting 200 level classes. Perhaps a CFO in the making :-)
Kind of arguable in the scale of shaving off 1-3 days but technically an uplift in cash conversion cycle and working capital which can be really beneficial to fintechs in particular (know you alluded to this in customer payments section but seems very interesting)
Super interesting read. I had heard about stablecoins a few years back, but never really paid much attention to them. Considering how volatile the crypto space can be, stablecoins totally make sense and they have so many interesting use cases.
I am currently looking into a layer 1 blockchain called Tempo which is purpose-built for stablecoins and have been tinkering around with building payment infrastructure specifically for creators. I realise that not everyone has the same opportunity to earn through creator platforms such as Substack, mainly due to their geographic location and the limited support of Stripe payments, so I see stablecoins playing a huge role in evening the playing field.
The platform that I am currently building is called Norn, which offers payment infrastructure for creators, be it through the platform itself or elsewhere. Its built on Tempo's layer 1 blockchain and is running on their testnet. Which mean creators are free to give it a test drive and play around with all the features without any risks. Feel free to check it out here https://norn.to/
Loved this explanation. Thanks. Two quick things.
1. @Beachman recently wrote an interesting take on the potential interplay between stablecoins and the US economy, macro etc. https://open.substack.com/pub/beachman/p/market-whispers-santa-rally-and-stablecoins?r=3mihg6&utm_campaign=post&utm_medium=web&showWelcomeOnShare=false
2. I will forward your substack to my son. Freshman in business school who is loving his financial accounting 200 level classes. Perhaps a CFO in the making :-)
Thanks for sharing!
Nicely done, reasonable, pragmatic explanation of these things. It's good stuff. I'm really eager to see what stablecoins enable.
Kind of arguable in the scale of shaving off 1-3 days but technically an uplift in cash conversion cycle and working capital which can be really beneficial to fintechs in particular (know you alluded to this in customer payments section but seems very interesting)
Super interesting read. I had heard about stablecoins a few years back, but never really paid much attention to them. Considering how volatile the crypto space can be, stablecoins totally make sense and they have so many interesting use cases.
I am currently looking into a layer 1 blockchain called Tempo which is purpose-built for stablecoins and have been tinkering around with building payment infrastructure specifically for creators. I realise that not everyone has the same opportunity to earn through creator platforms such as Substack, mainly due to their geographic location and the limited support of Stripe payments, so I see stablecoins playing a huge role in evening the playing field.
The platform that I am currently building is called Norn, which offers payment infrastructure for creators, be it through the platform itself or elsewhere. Its built on Tempo's layer 1 blockchain and is running on their testnet. Which mean creators are free to give it a test drive and play around with all the features without any risks. Feel free to check it out here https://norn.to/
3 years or less. Everywhere. Everywhere.
Eth, maybe xrp best bets imo