2026-02-18XThread

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Banks work 9-5. Stablecoins work 24/7. https://t.co/SwrxkD3l2r Fun story by @cnaut. As he notes, I was their first check in via USDC. Stablecoins allowed me to send a good sum of money internationally on Christmas Eve when banks were closed for days. He’s built a great business at https://t.co/athdqccvGA. And just raised a $250M Series C. https://t.co/7ppVp1CyYD @cnaut Rain scaled their business >100X in four years. All on the basis of stablecoins. For example, they let you quickly launch a stablecoin-backed card that works globally. https://t.co/EcEvaUKxim

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Rain co-founders on realizing stablecoins were the future: On Christmas Eve, their first angel investor, @balajis, was in Singapore. With the banks closed for the holidays, Balaji sent them an angel check in USDC. "We received the money instantly but couldn't use it to buy a laptop, flights, or anything else a business needs." "That's when we realized we need to solve this pain point. The usability problem was impeding the adoption of stablecoins." @arfrank @cnaut @rooqster
lightspeedvp ↗

Glad to have @balajis as the first USDC in to help us fulfill our mission at Signify: having all businesses operating on web3, starting with helping startups fundraise and spend seamlessly
cnaut ↗