Open Rate

Biggest crypto card swipe of the day on @ether_fi Spent : $22,929 usd Cashback $668 usd Fees : $229 usd Real transaction or farming?

90% of neobanks will die Many crypto cards will too After my last post, a lot of people debated profitability But revenue per employee might be the most underrated metric in the industry Anything surprise you?

90% of the Neobanks will die, same with Crypto cards Below is an approx profitability of crypto cards Industry fees - 1.5% per tx Only @redotpay is profitable, everyone else is underwater Just like @0xVishnya & @Octop3s said, most cards will go extinct

Top 10 crypto cards by revenue + their valuation Notice anything interesting here?

@strato_money @RedotPay @KASTxyz @Plasma 🙏🙏

If I were getting my first crypto card today 🥇 RedotPay @RedotPay Easiest ~5 minute approval 3% (max $18/m) Fee $12.90/m @KASTxyz $2 entry 1.5% on first $2k/m @Plasma Free Core tier 3% Cashback 0 fees The best card isn't with most cashback but best UI & easy to use

One data point surprised me 51% of users are still experimenting with crypto cards The cashback war hasn't even started The winners won't be the companies that acquire the most users They'll be the ones that give users a reason to stay Must read x.com/strato_money/s…

Most people are not ready for what's coming Stablecoin spending reached its peak $22.3B vol in May with MOM growth at 9% +$2B in a single month +9% MoM growth If you're working in stablecoins, cheers to you This will change how the world works

Check out our whale watch page on Openrate openrate.live/top-spends

Biggest crypto card swipe of the day on @ether_fi Spent : $22,929 usd Cashback $668 usd Fees : $229 usd Real transaction or farming?

I tracked 134,000 wallets & card users on chain movement Interesting facts 9% (whales & businesses) drive 68% of volume 27% are everyday spenders, mostly $50/day on coffee & food You can check it on OpenRate Adding more interesting data soon

1/ Over the last few months, I've been building OpenRate @OpenRatelive A platform that tracks how stablecoins move through P2P markets, cards, neobanks, & other real-world payment rails. I couldn't find the data I was looking for, so I built it Link below, go check it out

@strato_money 1000

How many crypto card, neobanks companies exist in the market right now? Lets include the upcoming ones as well Take a wild guess Asking for a friend

Spent a lot of time to do a deep research on @Plasma Can Plasma One survive its own rewards? Cashback gets attention XPL locks create retention But if users farm rewards and dump $XPL, the whole thing becomes an expensive marketing campaign Real business or launch hype?

I am creating a list of all the companies that exist, or will exist, in the stablecoin market Link in comments👇

Ready @ready_co just showed the real risk in crypto cards Reportedly, cards outside the Eurozone were disabled within hours after a change in their card-issuing provider That is the point: Your wallet can be self-custodial Your spending access still isn’t