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andrew chapello

Verified account Ramp

@chapello

product @tryramp, mountain athlete, @cubs fan
Joined March 2009
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andrew chapello Verified account @chapello
2,500+ businesses now use stablecoins to pay vendors on @tryramp. More than 70% of that volume moves outside banking hours.

Over the last few months, we’ve been working on making stablecoins as easy to use as any other way a business holds and moves money:

1/ Stablecoin Accounts: Hold stablecoins, earn rewards on your balance, and convert to and from USD with zero fees. Move money 24/7, pay vendors in 140+ countries in stablecoins, or convert and pay in 40+ currencies on local fiat rails.

2/ Bill Pay now supports stablecoins: Pay vendors worldwide in USDC, USDT, or USDG directly from Ramp Checking or a linked bank account. No need to hold stablecoins yourself.

3/ One system for all of your money: We have heard loud and clear from customers that they don’t want to use one system for fiat and another for stablecoins, so we’ve built the workflows and accounting sync for both in the same system.

4/ Agents are next: We're in beta with USDC wallets that let agents make x402 payments, with spend controls and ledgering built into Ramp.

5/ New primitives: We’re working with @OpenStandard on OUSD and with payment providers to open up even more assets and corridors, as well as new ways to earn more rewards on your stablecoin balance.

Job’s not finished. What should we build next?
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andrew chapello Verified account @chapello
AI is increasingly doing work across the exonomy. At @tryramp we are working to make that work more efficient.
Eric Glyman Verified account @eglyman 3d
Every CEO I talk to wants every dollar their business spends on tokens to be visible, attributable, and controllable, like any other spend.

At Ramp, we’re building the accounting platform for inference.

Our cost per million tokens is down about 80% this year while token usage is way up. We want to help every business get to this (and better) outcomes.
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andrew chapello Verified account @chapello
The Ramp IT team adopting @getserval has completely changed my experience.

It's so easy to get a good response that I engage earlier and more often -- and ~80% of the time get a high quality response from the agent.

Meantime the humans are able to respond even more quickly to the issues which require their attention.

👏
2 replies 2 reposts 30 likes 5.6K views View on X