Alberto Martin

Not an April Fool's post. Insane proof point for Self (self.xyz) technology to be used by Google and Tether in this novel offering!

Google was just named #1 in the @FastCompany 2026 World’s Most Innovative Companies list. 🎉 Google is also ranked #1 in their Artificial Intelligence category. See the full story. fastcompany.com/most-innovativ…

At Sync’25, Lightspark’s @ccatalini delivered a masterclass on open networks, a powerful reminder that openness and interoperability are the foundation of the next era of payments.

At Sync’25, Lightspark’s @ccatalini delivered a masterclass on open networks, a powerful reminder that openness and interoperability are the foundation of the next era of payments.

$SOFI SoFi launched their international remittance product last week to Mexico. So how competitive is that rate, and how does it stack up against Wise and $PYPL's Xoom (to name just 2 of many competitors)? To send $100 USD to Mexico, here's how the fees stack up: $SOFI (from the example) - $.80 total fees. 1994 MXN received. Wise: $1.75 USD fee (exchange rate $1 USD to $18.3865 MXN). Recipient gets 1806.47. $PYPL's Xoom: No fee (exchange rate $1 USD to 18.81 MXN). Recipient gets 1881 MXN.* (First time rate only; looks like it's a bit more expensive for non-first-timers). $SOFI LOOKS cheaper, but wait! There's a problem. Either SoFi is giving the most generous exchange rate in the world (of $1 USD to $20 MXN), or this is just a fictional example. The great thing is that we have a screenshot posted on Reddit of someone using this on Oct 17th. They sent $220 for a total of $1.10, with no network fee. Based on the exchange rate, it looks like SoFi DOES take a fractional cut from the exchange rate, but it's negligible. If this example holds, $SOFI is cheaper, at least for USD to MXN. We'll need more data to prove that out. If that's true: a) They'll gain SIGNIFICANTLY more volume over time as the word gets out. b) They're probably not making anything from this product. There's a couple of conversion events to and from $BTC, so this isn't a free process, and they have a partnership agreement. That's okay, since $SOFI may be doing this as a service (like free checks) that creates a better product and adds more people to the flywheel. Good work @anthonynoto and team!

Just used $SOFI to send money to my cousin in Mexico $50, cost was 25 cents They just ate @remitly ‘s lunch maybe some of western union as well She’s a teacher and works in an impoverished area, I told her to spend it on the kids This will also be huge because I am retiring in 2 months and moving to Mexico. Thanks @anthonynoto Get your money right #fhwr 🐴🐎🏇