🇺🇸 Announcing the first non-custodial wallet leveraging @Banxico verifiable credentials to onboard nearly 23 million people to the @arbitrum using @safe and @pimlicoHQ
Here's how we're doing it and why 👇
@robocopeth@czar102 Thanks @robocopeth! In fact we built Plumaa ID because we thought technology was mature enough for our use case of digital signature IOUs.
It is. Incumbents are not.
Hey this is actually cool. One of the long-term objectives of @PlumaaID was to issue an MXN stablecoin backed by private credit.
Other stablecoins like @bitso’s MXNb suck because they’re only on mainnet. Deployed 406 days ago and it has only 258 transactions 💀
Other’s aren’t even worth mentioning as they were always just a tool to legitimate their offchain centralized order books.
Expect Base and @etherfuse’s MXN enabled in @PlumaaID soon
🇺🇸The real innovation we built is a general-purpose payment system that relies on @Banxico infrastructure, the same you use to transfer MXN from your bank.
Regardless, the central bank can’t disable your e.firma
Permissionless.
Unstoppable.
No licenses. That’s the real deal 🧠
🇲🇽Nuestra verdadera innovación fue crear un sistema de pagos que utiliza la infraestructura de @Banxico, la misma con la que transfieres MXN en tu banco.
Aún así, Banxico no puede deshabilitar tu e.firma.
Sin permiso.
Imparable.
Nadie lo ha hecho sin licencias 🧠
As of Oct 2024 Mexico has 25.5 million humans and 2 million business using PKI based DIDs. @PlumaaID leverages these allowing users to self-custody their funds and make legally binding signatures using government issued VCs. s/o @ernestognw
Our thesis is simple:
📈 Ethereum TAM is literally all financial assets, with a realistic chance of getting a decent share
✍️ Cryptographic digital signatures are the best natural tool for trading these assets compliantly
Let that sink in
🇺🇸 As of now, we don’t offer on-ramp and off-ramp services because providers either have ridiculous fees for low amounts or require us to ask you for another ID 🤢
Looking forward to supercharge negotiable instruments with USDC whenever e.firma on-ramp becomes possible 💸
1/ We’re thrilled to announce that Bridge is joining forces with Stripe.
Together, Bridge and Stripe will accelerate the adoption and utility of stablecoins - we'll make money easier to move, store and spend for everyone, in every country.
🇲🇽 A día de hoy, no ofrecemos servicios on-ramp y off-ramp porqué los proveedores cobran fees muy altos o nos obligan a pedirte otra identificación 🤢
Estamos ansiosos de darle superpoderes a los títulos de crédito en cuanto sea posible 💸
1/ We’re thrilled to announce that Bridge is joining forces with Stripe.
Together, Bridge and Stripe will accelerate the adoption and utility of stablecoins - we'll make money easier to move, store and spend for everyone, in every country.
I started building @PlumaaID almost a year ago convinced that Mexico lost 20 years in innovation in financial technologies 🇲🇽
After this time, I'm sharing my experience building this on the side and what's meant for me 🧵
https://t.co/PIGbajHqOz
🇲🇽 Anunciando la primera wallet no-custodial con tecnología de @banxico para onboardear a cerca de 23 millones a crypto con @arbitrum utilizando @safe y @pimlicoHQ
Te explicamos cómo y porqué lo estamos haciendo 👇
Chequen lo que acaba de lanzar el buen @ernestognw con @PlumaaID "🇲🇽 Anunciando la primera wallet no-custodial con tecnología de @banxico para onboardear a cerca de 23 millones a crypto con @arbitrum utilizando @safe y @pimlicoHQ"
El caso más obvio es el de tokenizar pagarés endosables. Lo cuál ya es posible desde nuestra web app.
La identidad de los dueños es pseudónima a menos que ellos autoricen a la organización que opera el token🔒
Creemos que crypto está listo para la adopción masiva. Para probarlo, creamos los bienes públicos faltantes y que están claramente regulados y además, estamos ayudando a definir el futuro de la tecnología financiera.
Checa nuestro anuncio oficial
https://t.co/cJQBcyCgPo