Hey Steelers’ DK Metcalf. What are we doing here? Taking pics of a dude doing his job & making fun of him for 1.7 million people on your Instagram to see is pretty whack imo. Am I wrong?
One of the thing market is not clearly understanding is $Cred market opportunity
Will try to break this down
Stripe solved payments for the default internet business.
$Cred is attempting to solve payments for businesses that are global from day one, operate across difficult jurisdictions, need local payment methods, require fast payouts, use stablecoins, or have transaction patterns that traditional payment gateways struggle to underwrite.
➡️Problem
Imagine a US internet company expanding globally.
Its customers in India want UPI.
Brazilian customers want Pix.
European customers expect SEPA.
Other markets have their own bank transfers, wallets and local payment methods.
The company may also need to pay thousands of creators, traders, sellers or other participants across those countries.
Now add another complication: the business may operate in a category such as creator platforms, trading, stablecoin fintech, gaming, AI or another risk-aware vertical where traditional processors may have stricter underwriting requirements.
To operate globally, that company could need multiple payment processors, banks, payout providers, compliance partners, treasury systems and stablecoin infrastructure.
$Cred proposition is: Integrate once and let Credible handle that complexity underneath with T+0 settlement (will cover later on why T+0 is a game changer)
——
Credible isn’t necessarily competing with Stripe for Shopify stores and ordinary SaaS subscriptions.
Its wedge is the businesses for which global payment infrastructure becomes complicated.
Creator platforms need to collect subscriptions globally and pay creators globally.
Trading platforms need fast deposits and withdrawals.
Stablecoin companies need fiat ↔ stablecoin infrastructure.
AI companies can have customers globally and increasingly complex usage-based billing.
Marketplaces need to collect from one side and distribute money to another.
The common denominator is:
high transaction velocity + global users + complex risk + local payment rails + fast settlement
That is $Cred target market, with the payment volume 1Bn there is a clear PMF here
solana:CREDBHvVqREBCAxMihzr8D1nepHMr2gmQoZWpmgGmeta
crossing $1b in settlement (with monthly volume & revenue going exponential)
circ mcap is 60%
i don't even want to spell out the trade here. I'll let @supercontraa do that for you:
https://t.co/IxvruNmLJo
It appears Jackie's long-time partner, Shadow, has a new friend. Friends of Big Bear Valley shared a video from the live nest cam that shows two bald eagles on the nest. The new eagle has been tagged "KD1." https://t.co/H2iwz3l1vE