TransferMole

$50 million to power the future of stablecoin payments🤯 BVNK just raised $50M to make global payments faster and easier for businesses. – backed by Haun Ventures , Coinbase Ventures, and Tiger Global Management. This comes only weeks after @Stripe bought stablecoin company @Bridge for $1.1B. 🤯 And it's another sign of stablecoins are breaking out in a race to replace legacy system like SWIFT: • Stablecoin transactions hit $24T this year. That’s 3x PayPal’s annual volume. • Last month, 28.5Munique stablecoin users sent over $600M onchain • Stablecoin usage could reach 10% of M2 and FX transactions in the US in coming years. 💡 And businesses are already using them. • Global Payroll: Deel pays contractors worldwide instantly using USDC. Workers get money fast without losing value to exchange rates. • Merchant Payments: Rapyd and Visa settle payments in stablecoins, so merchants get their money in minutes, not days.    • Marketplace Payouts: Stablecoins can give sellers on Airbnb or Amazon instant payouts—no delays, no banks. Payment providers like Worldpay are well-positioned to leverage stablecoins to eliminate payment delays, reduce FX risks, and ensure faster, reliable payouts to millions of sellers worldwide. Maja Vujinovic, blockchain pioneer & investor: "Stablecoins have the potential to revolutionize financial services by streamlining complexity for users while shaking up the current system. The real winners will be those who control the connection to underlying assets—whether bank deposits, U.S. treasuries, or money market funds—or have business models that complement this new financial layer." 🏦 Big players are all in: • Stripe spent $1.1B to integrate stablecoin payments. • Visa launched a platform to make stablecoin settlements mainstream. • BlackRock and Deutsche Bank are working on stablecoin-backed tools for finance and trade. Stablecoins solve real problems for businesses—fast payments, lower fees, and better cash flow. This is happening now. And businesses using stablecoins are already ahead. Is your business ready to move faster? 🚨🚨 We're soon going to release the biggest stablecoin report yet for business leaders. Sign up here and secure your free spot: https://lnkd.in/etH22fcg 👉 Subscribe to our newsletter & join 11k+ Web3 leaders: www.51insights.xyz Jesse Hemson-Struthers

Payments and making stable coins more accessible is the new meta. ✅

The BIG question for us was, how do we make P2P payments as simple as a card tap? The answer lies in making #stablecoin payments more accessible via existing social networks. ➡️ TransferMole is building a social directory to allow you and your peers to send each other money with no thinking required. Just like a card tap. 📹 Gregor A. at Mercuryo's Big Time Summit, Limassol 2024.

For crypto to take a meaningful part of the global payments industry, it needs to disappear into the background. We need to take crypto out of crypto. Here is a snippet from our founder Gregor A.'s keynote speech at Mercuryo's #BigTimeSummit conference a few weeks ago where we highlight how TransferMole is working to help abstract payment and #crypto transaction complexity.

The Payments People Top 100 list 2024 is out. Here are the most interesting Payments Experts to follow: This list spotlights 100+ experts from the Payments industry and are definitely worth a follow: https://lnkd.in/dxYwFXeR Here is a shortlist of friends and industry experts I like to highlight to make it easy for you 😉 ► Panagiotis Kriaris  ► Hua Li  ► Arjun Vir Singh ► Monica Jasuja ► Simon Taylor ► Sam Boboev  ► Carlos Netto ► Darren Franks ► Timothy Li ► Luke Raven ► Sandra Mianda🖇 ► Nicolas Pinto  ► Dwayne Gefferie ► David Birch ► Neira Jones ► Rahul Kanotra ► Dr Ritesh Jain ► Brice GROCHE ► Rogier Rouppe van der Voort  ► Bram Vreugdenhil  ► Paul van Alfen  ► Nathan Marion  ► David Parker  ► Lars Markull  ► Jas Shah  ► Bilal El Kouche And of course, the man in payments, and my business partner in Connecting the dots in payments... : Arthur Bedel 💳 ♻️! Give them all a follow if you haven’t already done so. You won't regret it. A big thank you to NORBr for this recognition and shining a light on some great creators in the industry 👌 Are there any experts missing from this list? If so, please drop them in the comments below 👇 and I’ll follow up and try to shine a well-deserved light on them soon! Find this helpful? [ 𝗿𝗲𝗽𝗼𝘀𝘁 ] Anything to add about this subject? [𝗶𝗻𝘃𝗶𝘁𝗲𝗱 𝘁𝗼 𝗰𝗼𝗺𝗺𝗲𝗻𝘁] Nice story, Marcel. Next! [ 𝗹𝗶𝗸𝗲 ] 𝗣.𝘀. Get the most important Payments news and analysis in a 5 minute daily briefing you’ll actually look forward to reading. Sign up for my daily Payments Newsletter for the latest updates and reports from the industry: https://lnkd.in/dpjDXBH9 #payments #digitalpayments #paytech #paymentindustry #fintech #fintechindustry #financialtechnology

Crypto is barely capitalizing on the $11.53tn payments market. ➡️ Meet TransferMole, the first #onchain social payment directory, helping facilitate P2P crypto and fiat payments. So how are we actually helping facilitate this process? We turn social media usernames into global payment aliases with complete privacy retention by connecting them with crypto addresses, bank accounts, and e-wallets. ✅ Payments done through TransferMole automatically resolve to receiving social media accounts, without the user having to enter any additional details. The embedded routing engine replaces manual cross-chain and on-/off-ramp steps, reducing a complex and time-consuming task, to a convenient experience that can be completed on the go. ✨ We envision a world where paying anyone takes less than 10 seconds, doesn't involve any knowledge in crypto or cross-border transfers, and retains complete privacy of both parties. ✨ Our ultimate goal is for people to pay social media usernames through various apps and have them resolve automatically to the correct beneficiary using our open API. Social commerce is doubling to $500bn by 2027 - people want easy P2P payment experiences. With current crypto UX experiences still extremely complicated, it is clear that we’ve maxed out the current amount of retail users that are curious enough to enter crypto and figure it out. It's time to break the ceiling. 📈 TransferMole: - Is built on #Base. 🔵 - Allows users to send and receive payments in the crypto or fiat currency of their choice. No need for native gas tokens, no need to import wallets. - A great vehicle to help onboard new users to #Web3. ➡️ Check out our litepaper here: https://lnkd.in/eNcQm9E9 ➡️ Try our app: https://lnkd.in/egsZkmap