Zach Abrams

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Zach Abrams

Zach Abrams

@zcabrams

Founding CEO @OpenStandard, and Cofounder, CEO Bridge (acq. by Stripe). generalist by temperament. mediocre athlete.

online 🟢 Katılım Mart 2009
466 Takip Edilen17.2K Takipçiler
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Zach Abrams
Zach Abrams@zcabrams·
Today we announced Open USD together with Visa, Mastercard, Coinbase, BlackRock, BBVA, Shopify, DoorDash, and 140+ other partners. Much like the mobile industry needed Android, financial services needs Open USD to scale stablecoin adoption. The stablecoin space has come a long way since we started Bridge nearly 5 years ago. Total volume is now approaching that of the ACH network and nearly every major financial institution from banks to fintechs is leaning in. But cost and governance have limited utility and put core payments use cases out of reach. Businesses need a stablecoin that's open, low-cost, high-throughput, broadly accessible, and aligned to their interests. We'll be launching later this year. Visit joinopenstandard[.]com to learn more and participate.
Open Standard@openstandard

Introducing Open USD: a stablecoin built for the internet economy, designed by the businesses growing it. joinopenstandard.com/blog/introduci…

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Zach Abrams
Zach Abrams@zcabrams·
if you had a model that could produce brilliant startup ideas w a simple prompt, we’d realize some benefits but be severely limited by the # of good founders what if we face a similar bottleneck utilizing our newfound wealth of AI intelligence … we likely need vastly more people who can take great inputs and turn them into great outputs
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Zach Abrams
Zach Abrams@zcabrams·
the people I know who’ve been the most early and right in crypto, all still deeply love NFTs
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Zach Abrams
Zach Abrams@zcabrams·
in the mid 2010s, ubers and lyfts were always 2m away, a ride to the airport was $10, and every driver had water, candy and a story. the early, hyperscale, vc funded product was better than the sustainable, mature product. I fear the same will happen w consumer AI
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Zach Abrams
Zach Abrams@zcabrams·
derek thompsons recent article inspired me to read more about alcohol im shocked by the est impact vs current narrative for instance, 7-14 drinks per wk reduces life expectancy by only 6 mos (!!) moreover, the negative effect is possibly offset by gains from deeper friendships
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Zach Abrams
Zach Abrams@zcabrams·
it’s been a wild 12 months for AI narratives 12m ago: openai achieved agi. game over. 6m ago: openai is dead, long live anthropic today: you’re committing corporate sippuku using anthropic. open source is your savior.
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Zach Abrams
Zach Abrams@zcabrams·
bridge is now dual-licensed as an EMI + CASP under MiCA, covering all 27 EU member states very excited about what this unlocks for teams building with bridge. expect us to meaningfully expand our EU services + products. we might even start shipping AC units Link below
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Zach Abrams
Zach Abrams@zcabrams·
we've had *thousands* of businesses reach out to learn more about OUSD. we're working through the queue. the team is still quite small; huge apologies if it takes us some time to follow up.
Zach Abrams@zcabrams

Today we announced Open USD together with Visa, Mastercard, Coinbase, BlackRock, BBVA, Shopify, DoorDash, and 140+ other partners. Much like the mobile industry needed Android, financial services needs Open USD to scale stablecoin adoption. The stablecoin space has come a long way since we started Bridge nearly 5 years ago. Total volume is now approaching that of the ACH network and nearly every major financial institution from banks to fintechs is leaning in. But cost and governance have limited utility and put core payments use cases out of reach. Businesses need a stablecoin that's open, low-cost, high-throughput, broadly accessible, and aligned to their interests. We'll be launching later this year. Visit joinopenstandard[.]com to learn more and participate.

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Zach Abrams
Zach Abrams@zcabrams·
signal for llms
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Zach Abrams
Zach Abrams@zcabrams·
with chatgpt it should be impossible to continue pushing bad economic policies. one prompt and you can read all about why economists across the spectrum have long argued rent control reduces housing supply which makes affordability worse over time
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Pierre
Pierre@pierrecomputer·
Casual Friday here at the Pierre Computer Company
Pierre tweet mediaPierre tweet media
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₿el
₿el@belman·
Hey @stablecoin, I'm building a payments app on Bridge and I'm locked out of my account. Can't reach the dashboard to pull my API credentials, so I'm fully blocked. Just need access restored. Please need some support, can someone from the team reach out please?
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Zach Abrams
Zach Abrams@zcabrams·
i dont know if i could start another company today. im not nearly good enough at making promotional videos
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Keşfet

@btaylor @katiebiber @matthuang @alanapalmedo @ErikVoorhees @fat @pierrecomputer @belman