Excited to announce the launch of @paxoslabs, the Amplify product stack, and our strategic fundraise led by @bcap
When I started my career in FinTech over a decade ago @Square. It was an era of incredible innovation, it became clear that while the frontends were going mobile-first and becoming more accessible, the underlying financial rails were due for an upgrade.
That perspective brought me to @Paxos, where we helped platforms get started with digital assets, whether that was stablecoin issuance, custody or embedded crypto trading. As more platforms took this first step, we started thinking about what comes next.
What started to become obvious to us was that stablecoins and digital assets were not just new payments or investments instruments. They were becoming a platform to build on.
We're building Paxos Labs to help platforms create the next generation of financial products on blockchain rails.
Today, we @paxoslabs officially launch Amplify: the financial utility stack for digital assets.
Every platform to date that has invested in enabling users to hold digital assets is now confronting the same strategic reality:
Asset custody is not the product, it is just the starting point.
The first era of digital finance was about access. @Paxos spent over a decade building the enterprise rails that brought digital assets to the world; $180B+ in issuance activity, OCC and MAS regulatory approvals, and infrastructure powering PayPal, Mastercard, Stripe, Robinhood, and dozens of the world's largest financial institutions.
That chapter is largely complete. The next one is beginning.
The platforms that define the next decade of finance will be distinguished by what they built on top of those assets, for their users and for their business.
Amplify is the infrastructure we built to close that gap. A single integration. Three live modules.
Earn: Embed institutional-grade yield on digital assets directly into your platform.
Borrow: Integrate digital asset-backed credit markets with automated collateral management and institutional compliance controls.
Mint: Issue a fully branded digital dollar complete ownership of your platform economics, and every operational complexity handled at the infrastructure level.
Built for enterprise scale, with each module independently configurable and programmatic revenue sharing built into the architecture from day one.
If you lead a payment company, exchange, neobank, fintech, or financial institution with a digital asset mandate, reach out!
We have taken the first step together as an industry, we are excited for the rest of the journey to come.
Step one was expanding access to crypto.
Step two is making those assets productive.
@paxoslabs is building that future with Amplify: a stack of mint, earn, and borrow products.
Every major fintech company, neobank, and exchange has begun to support crypto or has already done so.
The harder question every product team is now facing is: What now?
Announcing Amplify, the financial utility stack for digital assets.
One integration to embed yield, enable borrowing, and launch branded stablecoins.
Incubated within @Paxos and backed by @bcap, @robotventures, @MaelstromFund, and @Uniswap.
https://t.co/wPFaATVPi7
1/n This is @roc_camera (beta):
I've been working on a camera that can take verifiably real moments in the age of AI
I feel like we need something like this as we increasingly spend more time online. Why? Good question:
🏓 32 teams… Protocol vs. Protocol…
The Official @Permissionless III Pickleball Open presented by @blockworks x @bankless is LIVE on Bracket and open for trading. 📈
Free entry link and matchup breakdown in 🧵
Bountycaster has a monthly sponsor on our Farcaster frames (seen by our builder community). Sponsors help us operate w/o having to fundraise (pulls us away from shipping now). DM me if interested!
Shoutout @0xProject (Sep), @WalletConnect (Aug), @synthetix (Jul), @base (Jun)
@elonmusk what are the odds that @XDevelopers would consider adding (even limited) access to the full-archival-search endpoint (https://t.co/Vzo3AW31dm) to the basic plan?
It's quite jarring that there's a $100 -> $5K jump to get access here
@thogge@rabois Idk how relevant my experience is, but switched to being an Independent a few months after being a Democrat all my life.
Weird place to be, but happy to not donate and support those who stand for the empowerment of terrorism.
1️⃣/🔟 Open Dollar Mainnet Launch!
Open Dollar is live on mainnet, and with it, we’ve brought the first tradable loans to DeFi 🥳
For what’s new, and what we’ve planned for our first users, see our blog announcement: https://t.co/mecCdUg1Im
Let's recap Open Dollar's features🔎