Josh Gier

This week has been fruitful for @Lionshare_V 25M raised from LPs + 8 new Venture partners from leading investment firms, AI companies, and high-growth startups. → Time to update the site

Our latest article is live. x.com/seraprotocol/s… The agentic economy is moving fast and we wrote the complete guide to building the best FX agent to bring global equity and trade to its true potential. Instant. Low cost. Always on. Once you built yours, follow our agent on @moltbook: moltbook.com/u/SeraAgent

Here in Rio for Brazil's Stablecoin Forum by @FinanceTrace If you're around, let's connect. Always down to talk the future of money, stablecoins, and where crypto is actually heading.

@pedrouid I honestly thought it was just me noticing it and it was a skill issue 🥲

It's crazy how bad address poisoning has gotten on Ethereum... At this point the average user can barely understand its own transaction history I think we just achieved privacy onchain 🤣 we just needed scammers polluting the blocks!

@lady_isya @raagulanpathy well done

I received a special founder award at our company offsite - completely out of surprise. Thank you @raagulanpathy, for believing in me since the day we first met, long before the crypto world. Your trust, patience, and leadership have shaped me more than you know. I feel incredibly grateful to be here, building @KASTxyz together with people I truly respect. KAST is the future. KAST is the winner. KAST is the best. And KAST is here to stay - for the longest time. We’re just getting started 🖤✨

@a16z i only use 3 from this list 😅

Top apps for men and women More mobile charts: a16z.news/p/best-of-the-…

@IvanV13837999 @swiftcommunity Fax machines? Then email came... Your point?

Citi is among a growing group of banks working with us to shape our blockchain-based ledger – extending Swift’s infrastructure to support tokenised value at scale. Through industry-wide collaboration, we’re enabling a future where value moves seamlessly in a multi-model, multi-choice world. 👉 Learn more: swift.com/news-events/ne…

A centralised consortium of 11k banks is going to solve on-chain FX? Think about that for a second. Like seriously take a step back and think about it. Even their own announcement says the ledger will be 'interoperable with traditional correspondent banking rails.' That's not replacing nostro/vostro, it's just putting a blockchain label on the same bookkeeping. SWIFT and its member banks make money from correspondent fees and float on slow settlement. Instant low-cost atomic settlement KILLS those revenue streams. They are not motivated to build what disrupts their own business model. The solution is simply settlement infra built on-chain. Permissionless. Atomic. Instant and low cost. Designed for the agentic economy - that's literally what programmable money (crypto) was made for. Can try it here: testnet.sera.cx/en/swap Mainnet in March

@Josh_Gier @swiftcommunity Because what’s the better option? Go on and amuse me. Swift is a consortium of 11k member banks. You have something that is ahead of them here?

clean post. most card issuers just say "FX fee" and leave it at that so respect for showing the stack what if the FX settlement layer was just onchain? no schemes, no correspondent banks just atomic settlement across all stablecoin currencies that's @SeraProtocol. no need to renegotiate costs down when you remove the cost layers entirely looking at the common goals, @KASTxyz and Sera should definitely talk

At @KASTxyz are dropping FX from 2% to 0.5-1.75% & USD spend remains 0% We are constantly renegotiating contracts, and this allows us to reduce costs, and pass this onto users. Why was it 2% in the first place? — Let me explain, for those who want the long version. 1/ The schemes charge a cross-border fee of 1%. This applies to FX & even USD which is spent outside the US (for which we charge 0% but makes up 20% of spend. Combined the blended was 1.2-1.3% in costs 2/ Then we have processing fees, for authorization and settlement, which is higher in cross-border. This is typically another 0.3-0.4% 3/ Then we have the fraud, decline and other costs which are higher on FX transactions. 4/ And costs to swap & settle USDC/T to the schemes. Blended, it cost us >2%. We charged 2% to cover costs. The good news, is because we now have scale and funds, renegotiate and bring these costs down. It’s a multi-year process, and complicated. Why the variance between 0% and 1.75%? Because our costs are different between markets, and where we can go lower we will. Soon, we hope to have multi-currency cards which would have no FX in places like Europe, Brazil etc. My target for later this year is to reduce the maximum to 1.5% and have over 50% of where global spend happens at between 0-1%. Far from done yet, just getting started.

@balajis great crowd

Building Ethereum at Network School.

@pix3lPout @timsouw @BALZ_Official 🤯

@timsouw wait what? 👀 @BALZ_Official

Balz just got the blue check
 Officially approved by OpenSea✅

@DeFidabller @BoredApeYC @cryptopunks @Azuki @pudgypenguins 🤣

Hot take If you still flexing one of these dead PFPs @BoredApeYC @cryptopunks @Azuki @pudgypenguins you are a fucking idiot

@seraprotocol Banks make billions from FX spreads AND charge you fees on top. Stables allows us to take this power away from them by bringing FX onchain

TL;DR: Sera's FX onchain is the infinite money glitch. When you market make on sera.cx, you level up to money changer that ignores market state. FX triangular arbitrage is always profitable because you're not speculating anymore. You're the infrastructure. Market moves either direction, someone needs to swap currencies, they hit one of your prices. The money changer (you) captures the spread.

Building settlement infrastructure on-chain purpose-built for an agentic economy implementing standards like ERC-8004 and x402 requires specialized architecture that most teams don't have the domain expertise to build. With a team of FX natives and high-frequency trading engineers, Sera is the on-chain settlement engine that makes multi-currency FX actually executable at speed.

@DouglasGan people still debating if this will happen while it's already happening

This article from @DouglasGan probably explains why this isn't just crypto hype anymore - it's a genuine infrastructure upgrade that threatens not just banks, but the business model of every company that takes a cut of money movement.

With the explosion of stables and @seraprotocol FX will be the new perp

@seraprotocol insane