GM frens
Quick update: About two weeks ago, I applied for funding from a VC program that writes checks ranging from micro checks of $5k–10k all the way up to $250k.
Still waiting to hear back on the micro-check side, but I woke up to a DM this morning saying that out of 300+ applications reviewed, my project made it into the top 15 selected for the next stage.
Not gonna lie, that felt pretty good to read.
As a founder, you're constantly questioning yourself, your product, and whether you're even building the right thing. So getting validation like this from people who review hundreds of applications makes me feel like I must be doing something right.
I was actually hoping to release a demo today, but I ran into a bunch of bugs this morning that need to be fixed first.
Once they're sorted, I'll get the product out for everyone to see.
Back to building.
The more I think about it, the real problem isn't stablecoins.
It's fragmented liquidity.
We have billions sitting in stablecoins across dozens of chains, but users still deal with bridges, wrappers and unnecessary friction just to move value around.
That's what PUSD is trying to address.
Quick breakdown below;