Dollars for AI agents, issued by @brale_xyz, running on Verona. Verona owns the network and everything people and agents do on it.
Brale issues $verUSD, backs it 1:1 with USD reserves at regulated U.S. institutions, and mints it natively on most major chains.
Working with the @verona_dev team through integration and now issuance of $verUSD has been great.
Interesting to see ecosystems moving off someone else's dollar. Branded stablecoins give apps one settlement asset, native issuance where users are, and economics that stay home.
Verona just launched verUSD, a stablecoin built for artificial intelligence agents and powered by Brale.
Agents use verUSD to pay for verified data and settle transactions across supported chains.
Brale provides the regulated, production-grade infrastructure underneath.
It's been a busy stretch at Brale โ so busy, in fact, that we needed someone to step back and take stock of all the goings-on.
Thankfully, @chasemerlin was up to the task.
Today, he brings us Brale Bits, an update on product, ecosystem and other noteworthy nuggets from the past month at Brale.
Weโll be in Chicago next week and putting together a quick Happy Hour for the @supabase builders. Come have a ๐ป with us in Logan if youโre around!
https://t.co/GixQlHoMCO
The Day Zero 07 lineup is set, and it's stacked.
Demos on tap for our Aug. 11 virtual event include:
โข Mobile payments with instant merchant settlement - @CoinflowLabs
โข Policy controls for non-custodial wallets - @turnkeyhq
โข Enterprise-grade LatAm payments - @capa_fi
โข 1:1 swaps of stables - @stablecoin_xyz
โข Individual transactional accounts - Brale
โ Chicago Stablecoin Day debut
โ ION Protocol launch
Wednesday was a banner day for stablecoins.
Great staying stable with you, @CoinflowLabs@CMT_Digital@zerohashx
Ben is a builder and a visionary. It's been awesome to watch him solve hard problems, invent things, and shift massive entrenched industires for a long time. His influence is subtle, derives from shipping, and strong.
Well deserved @bpmilne. Grateful to be on your team.
The new ๐๐ญ๐๐๐ฅ๐๐๐จ๐ข๐ง๐ฌ ๐๐จ๐ฌ๐ญ ๐๐ง๐๐ฅ๐ฎ๐๐ง๐ญ๐ข๐๐ฅ list features our very own @bpmilne.
The honor from @thestablecon recognizes Brale's founder and CEO among the global leaders shaping the future of stablecoins.
Stablecoins are for everyone.
Speed matters. If KYB is slow or unclear, it blocks workflows.
At @brale_xyz we shipped improved onboarding, for new customers. The results ๐ง
- 75% of accounts onboarded approved in < 9 minutes
- 66%+ of cases auto-approved. Avg time ~ 45 seconds
๐๏ธ๐จ
Brale has improved its KYB onboarding for new customers. In late June, it was ๐๐ก๐๐ฏ๐๐ฃ๐:
โฑ๏ธ 75% of accounts approved in ๐๐ป๐ฑ๐ฒ๐ฟ ๐ป๐ถ๐ป๐ฒ ๐บ๐ถ๐ป๐๐๐ฒ๐
โ ๐ ๐ผ๐ฟ๐ฒ ๐๐ต๐ฎ๐ป ๐๐๐ผ-๐๐ต๐ถ๐ฟ๐ฑ๐ of cases auto-approved
๐ Average auto-approved case: ~๐ฐ๐ฑ ๐๐ฒ๐ฐ๐ผ๐ป๐ฑ๐