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BoomFi - Stablecoin Payment Infra

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@boom_fi

The wiring for stablecoin payments. Gateway, settlement, payouts, trading, wallets, subscriptions - one integration for banks, PSPs and platforms.
boomfi.xyz Joined October 2022
14 Following 1.6K Followers 410 Posts

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BoomFi - Stablecoin Payment Infra Verified account @boom_fi
Revolut partnered with Bridge. Mastercard acquired BVNK. Zand issued its own.

Our CEO @JackCKTang argues in @Finextra that “build vs buy” is the wrong question for stablecoins. The winners will be the ones who know which infrastructure is worth owning

finextra.com/blogposting/33…
www.finextra.com The stablecoin “build vs buy” debate is wrong: By Jack Tang Revolut could have built it. That's the most fascinating thing about Revolut’s new euro stablecoin. ...
BoomFi - Stablecoin Payment Infra Verified account @boom_fi
The headline cost of a card payment is a few percent. That’s the number merchants quote.

The real cost is that, plus several days of float with your money sitting between the acquirer and your account, FX spread on anything paid from abroad at a rate you don’t set, plus a margin taken at every intermediary in the chain.

Stablecoin settlement doesn’t discount those lines. It removes most of them. Near-instant settlement, clearing that runs 24/7, fewer intermediaries between the payer and the payee.

Cheaper because it’s shorter.

Our Co-Founder and CEO @JackCKTang on @FINTECHTVglobal
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