Hanafi
149 posts
@Hanafi_Iss
co-founder @Inflowpay
There are two ways the alternative network to Visa and MasterCard will play out with stablecoins: 1. Better merchant fees, less subtraction of value by a new network competition 2. Being able to self-custody the fans and have a more secure approval of tokens without exposing the full amount of your wild balance to your PSP Cheering for @colossuspay and any other alternative that helps bring the fees/times down
The entire thesis rests on this premise: with the current legacy card system, SaaS companies experience significant churn (which, to be fair, is true). He attributes this to: - Expired cards - Banks rejecting payments Regarding expired cards, that's a story that won't last much longer, already a significant percentage of transactions now use tokenized cards (which may auto-update upon expiration), and this percentage is growing year over year. As for the second reason, we need to understand why the issuing bank rejects payments. And this is where we touch on a sensitive point in all "crypto will replace legacy rails" theses: fraud management. An equivalent fraud management system WILL HAVE TO be introduced into stablecoin payments as they gain market share (and conversely, if they want to gain market share, such a system is a necessity). And the real question is: how do we ensure they don't reproduce the exact same patterns that currently exist? Spoiler alert: nobody has an answer for that yet
I obsess about payment infrastructure because it is a drag that shouldn't be there, and yet most accept it as a cost of doing business. Whether you're in SaaS, subscriptions, or any recurring business, payment infrastructure is a friction tax that eats into margins and unit economics. And it's about to get worse. AI is breaking the pricing model that card rails were built around. Programmatic spend requires programmatic money, and credit cards are not that. I think this goes away. It is the single most impactful lever you can pull to improve the business. I built a calculator because it's easier to show how corrosive the current payment infrastructure is to SaaS than to explain it. Full post: obviously.substack.com/p/the-friction…
Incredible innovation, @stripe is charging 1.5% to transfer USDC. I recently sent $200 of USDC on @base and my transaction fee was 0.00009% , or $0.000193. The tx fee would have been the same for $1 or $100M USDC Charging 1.5% simply to send USDC is ludicrously unreasonable
Today, we’re launching something the stablecoin industry has needed for a long time. Introducing 1Money.com - the first global stablecoin orchestration platform with ZERO platform fees. No monthly fees. No minimum spend requirements. No hidden charges. No friction. This is a stablecoin reset.
Aucun FR est dans le game des processeur de paiement externe par hasard?..
The $AZTEC token sale is live. An onchain, community-owned sale where you set the terms. No airdrops. No mysterious allocations. sale.aztec.network
Forgot to post about 3k cause we were too busy serving the insane demand. 4k SOL superstaked now. See you at 5k iA
1/5 The next Renaissance is here. An era when code, culture and capital combine to unleash unprecedented adoption.
Proud to share that @galaxyhq is the first Nasdaq-listed company to tokenize its equity on a major blockchain. Thanks to our partnership with @superstatefunds, shareholders can now hold $GLXY onchain on @solana. This is a milestone for capital markets.
