Fedeja

Stablecoins at @Jeeves_inc

[Fedeja @fedejavin]

@0xNesk @gnosis_ Good luck on your next step, Juli!!

[Fedeja @fedejavin]

90 days in at @jeeves_inc . What does liftoff look like?

Before I joined, @thazhmon and I kept coming back to the same idea: the bottleneck in stablecoin adoption isn't the rails. It's trust and distribution.

Most players are building rails with no one to ride them. Jeeves already had the riders: a global enterprise customer base across 25 countries, moving real money across borders, every day.

The bet was simple. Pair infrastructure that took us years to build, including our own ledger across 25 countries, with existing distribution across real enterprise customers. Growth becomes inevitable.

But a thesis doesn't execute itself. What turns a thesis into a chart like this is the team behind it: the people at Jeeves who were quietly building the right product for the right customers, way before stablecoins were "cool".

The proof is in the use cases already live:
🇲🇽 One of the largest logistics providers in Mexico using our stablecoin payouts to China
🇦🇷 Argentine businesses spending internationally on cards, settled in stablecoins in seconds
🇧🇷 Brazilian ecommerce companies getting paid via ACH or Fedwire in the US, no US entity required

These aren't pilots. These are real businesses solving real cross-border problems, today.

June volume grew 70%+ over May. In just 90 days, our stablecoin TPV has grown triple digits. This is what compounding feels like.

We're just getting started 🚀

[Fedeja @fedejavin]

@openstandard Very nice! Would love to let Jeeves in.

[Fedeja @fedejavin]

@Zubairey0 Ty, sir!

[Fedeja @fedejavin]

https://t.co/SnN6tldhl5

[Fedeja @fedejavin]

@crecimientoar top!

[Fedeja @fedejavin]

Most stablecoin infrastructure companies are building products that will be white-labeled by someone with better distribution.

Corporate treasury teams don't switch vendors just because the rails are faster. They switch because someone they already trusted told them to.

The infrastructure race is real. But the distribution race is where the value gets captured.

[Fedeja @fedejavin]

@jevgenijs What makes Deel's move different from most embedded finance plays is that trust was already there. Companies and contractors already rely on Deel for payroll. The stablecoin wallet isn't a cold sell, it's an upsell into a relationship that took years to build.

[Dileep Thazhmon @thazhmon]

Quick stop in Cdmx 🇲🇽 after a week in Rio & São Paulo 🇧🇷 for the @Bitso stablecoin conference kick off. Excited to share several @jeeves_inc stablecoin launches on stage tomorrow - stay tuned! 👀🚀🦁

[Fedeja @fedejavin]

@0xNesk Gracias Juli!

[Fedeja @fedejavin]

Two types of stablecoin companies exist:

(i) Infrastructure with no distribution
(ii) Distribution with no stablecoin infrastructure

The first is where most of the innovation lives.
The second is where most of the revenue lives.

After 4+ years at Conduit building GTM from zero, I moved to @jeeves_inc for one reason.

They've solved the harder problem.

Getting a corporate to trust you with their treasury or payables workflow takes 12-18 months minimum. You need a track record, a compliance story, and a product they already use for something else.

Jeeves has all three.

P.S. We have just launched Argentina and we are crushing it.

[Fedeja @fedejavin]

@Mariandipietra @ConduitPay