andrew chapello

product @tryramp, mountain athlete, @cubs fan, father

[andrew chapello @chapello]

Stablecoins are pegged to $1. But most platforms charge 50+ bps to send or spend you money.

At @tryramp we have 0 fees on stablecoins.

1/ On-ramping to hold USD stablecoins
2/ Off-ramping to spend USD on cards or payments
3/ Sending USDC or USDT to anyone in the world

A dollar is a dollar. https://t.co/Y07XhSBGMq

[andrew chapello @chapello]

@thierryEdde44 @deel @Stablecoin @privy_io @tempo @Morpho @SentoraHQ @Bouazizalex @Olek_Shtanoprud congrats on the launch! this is going to improve a lot of lives.

[andrew chapello @chapello]

@nathanallebach "i know accounting"

[andrew chapello @chapello]

MoneyGram just put its own dollar onchain, but the headline obscures the true value.

Their moat was never the transfer, it was 500K cash-in/cash-out locations and the float in between.

Stablecoins take the cost of sending to zero - so the margin now exists in the customer relationship and the off-ramp.

That's why they did this and where they will find margin.

[MoneyGram @MoneyGram]

Introducing MGUSD.
MoneyGram's native U.S. dollar stablecoin.

Natively issued on @StellarOrg.
Built with @Stablecoin, @M0 and @FireblocksHQ.
Live in the U.S. today.

[andrew chapello @chapello]

@JTMcGrath step-changes in growth are rarely comfortable

[andrew chapello @chapello]

I started my career as a CPA. 50%+ of my time was spent doing manual work - using VLOOKUP to join disparate csv files exported from SaaS systems. My desktop was a graveyard of hundreds of errant files.

Enter Stack. This is the biggest leap forward I have ever seen in accounting.

Stack learns your firm's process, runs the close, posts the journals. Fully auditable and automated.

[andrew chapello @chapello]

4,500+ accounting firms already run on Ramp, including 92 of the top 100.

We built Stack with our closest firm partners, for the work they do every day.

https://t.co/giaez0hScj

[andrew chapello @chapello]

@krrishd why would you deny product managers their kpi’s

[andrew chapello @chapello]

The team @tryramp is coming to CDMX in 2 weeks.

We're hosting an invite-only happy hour on a gorgeous rooftop to kick off day 1 of the Stablecoin Conference.

If you're building with stables in MX and LATAM, join us! https://t.co/794fWp4yG4

[andrew chapello @chapello]

prescient quote given google's massive capital raise

[Compound248 💰 @compound248]

If I am @sundarpichai, I will bury all competing foundational models in negative gross margin tokens for eternity.

I will NEVER take my foot off the pricing gas: to merely compete, I will force you to dilute your equity into oblivion.

Sam will drown in my tsunami of COGS. $GOOG

[andrew chapello @chapello]

@zachtratar $100s

10,000 $100 bills in $1 million
x .0043 inches per bill
= 43 inches thick

[andrew chapello @chapello]

As we all try to wrap our heads around SpaceX, OpenAI, and Anthropic valuations, I find this a helpful visualization of what $1T actually looks like

[andrew chapello @chapello]

source: https://t.co/nTm6hGOSr3

[Alex @0xDaedalus]

Stoked to announce @tryramp's first ever crypto event.

In 2 weeks. In Mexico City. On a rooftop.

Whether you're in town for Stablecoin Conference LATAM or a CDMX local thinking about trying out @tryramp for your business - come through!

https://t.co/agLeDO9qCa

[andrew chapello @chapello]

@benhylak we're fixing this at @tryramp . happy to get you set up

[andrew chapello @chapello]

@pitdesi google drive could be so much more

[andrew chapello @chapello]

@sytaylor 1:1 redemption for USD 🤝

A dollar is a dollar

[andrew chapello @chapello]

@ian_dot_so the headwind to this will be that anthropic, very smartly, used their window to sign yearslong enterprise contracts.

[andrew chapello @chapello]

@OlegBevz @0xDaedalus 💯

[andrew chapello @chapello]

Don't pay 50+ bps to spend or send your dollars. 1:1 conversion in Ramp Stablecoin Accounts.

[Alex @0xDaedalus]

Of all the stablecoin features we've built at Ramp over the past few months - letting businesses convert 1:1 between USD, USDC, and USDT has by far been the most positively received one.

My personal view is that this is table stakes for any kind of B2B remittance, treasury, or bill pay product - and that we'll soon see this as the status quo.

Businesses shouldn't have to worry about how much USDC will ultimately land in their account when they get paid - or need to send 10,001.13 USDC so that their vendor will gets paid exactly 10,000 USDT.

A dollar is a dollar.