Credit for the Digital Era βοΈ | π π π¬ππππ₯ππ¦ππ§ππ¬ ππ ππ ππππππππππ πππππ πππππ
Backed by @YZiLabs
ππ»Nara has secured a $500K pre-seed investment from @yzilabs!
The investment follows our graduation from @EASYResidency Season 4 in Bhutan, where we pitched Nara to @cz_binance some of the most seasoned investors in the space, and the King of Bhutan on Demo Day.
Thank you to @yzilabs and @EASYResidency for the investment, the mentorship, and the platform to build in one of the most exciting rooms in the digital assets space right now.
And special thanks to @ellazhang516 for your guidance throughout all of this, your insights and tutelage has been invaluable.
We're building yield-bearing PayFi infrastructure, backed by real payment & receivables flows, launching publicly this September. π§πΉπ
Read more ππ»
https://t.co/mdve2zgWQT
We're building @nara_usd to move capital at stablecoin speed which means onboarding can't be where everything slows down.
With @KeyringNetwork, users bring KYC they've already completed elsewhere. Compliant by design, without the friction. π€
βThe most important quality of a founder is resilience.β β @cz_binance at @EASYResidency S4 Demo Day
During his fireside with @ellazhang516, CZ shared a principle that has stayed with him since his 20s - and guided him through every cycle and challenge:
When you reach lifeβs lowest valley, keep walking.
The pressure will ease. You'll adapt. Solutions will emerge.
Eventually, you find your way out.
We're building Nara to move capital at stablecoin speed, which means onboarding can't be where everything slows down.
With @KeyringNetwork, users bring KYC they've already completed elsewhere. Compliant by design, without the friction. π€
@nara_usd π«Ά @KeyringNetwork
Nara will be using Keyring's permissioning infrastructure as a key component of their platform. We're excited to be working with the Nara team as they build the future of stablecoin finance.
Our co-founder & CEO @JKronbichler with @cz_binance at @EASYResidency S4.
Jakob captures it nicely in one line: stablecoins should fund the real economyπ.
Backed by @yzilabs. Live in September π
Not every day you get to share a stage & photo with @CZ_Binance.
Building @nara_usd has been a bet on a future where stablecoins fund the real economy, not just trade against each other. Speaking to CZ and the His Majesty the King of Bhutan was a reminder of how far that future has already come, and how early we still are. π§πΉ
- Stablecoin lending on @aave: ~3%
- Basis trade on @ethena: ~4%
- Payment financing: Target ~10% APR
The first two depend on trading activity, leverage, and crypto market conditions.
Payment financing doesn't. The yield is backed by payment receivables from real-world businesses.
That's where @nara_usd plays.
DeFi lending is circular. It recycles crypto to leverage more crypto.
PayFi is linear. It finances real-world payment flows, invoices, remittances, and cross-border trade.
One compresses the second the market cools. The other doesn't care how crypto prices are doing.
That's the difference. @nara_usd is PayFi β yield backed by real payment flows, not the crypto market cycle.