๐ Excited to share an important company milestone:
Last month, @primevaultHQ crossed $50 billion in annualized transactions volume processed through our infrastructure ๐
Less than 18 months since launch
Growing 100% or more in 4 out of the last 6 months
And hereโs the kicker: >95% of that volume is Stablecoins
Hereโs the story of how we got here ๐
In the fall of 2022, as we graduated @ycombinator, we were pitching our โstablecoin business bankingโ idea to skeptical investors at Demo Day. The crypto market was in shambles (FTX collapsed a few weeks later), and anything โblockchainโ suddenly looked very risky.
In the following months, @jeapostrophe, @vivek_kumar_15, @akanshj31, and I pivoted our focus to building the most reliable infrastructure crypto-friendly institutions could depend on during volatile times, while we waited for the marketโs trust to recover. We had a rare team that simultaneously specialized in cybersecurity, payments and blockchains โ domains that would become the backbone of modern onchain finance.
Fast forward to December of last year, everything changed. Almost overnight, crypto went from โtoo riskyโ to a policy priority for the government and a strategic priority for institutions and fintechs.
But one asset class attracted disproportionate institutional interest: stablecoins.
Our explosive growth this past year, coupled with the hundreds of conversations weโve had with payments and finance leaders, taught us one thing: stablecoins are becoming core financial infrastructure faster than people think.
When the GENIUS Act was introduced in Congress earlier this year, we knew it would mark the beginning of a new age in payments and cross-border finance. In the months ahead, safe and convenient digital dollar access and near-instant settlements became the baseline expectation.
But infrastructure providers failed to catch up. Incumbent systems remained optimized for crypto trading and investing use cases, whereas enabling teams to build real-time, onchain payment systems needed fundamentally different design choices and trade-offs.
Real-time onchain finance needed tailored tooling.
PrimeVault is just that: the most reliable, stable and performant stack on the market to build any stablecoin-powered product or treasury workflow.
Stablecoins are rewiring global finance. The change is more insidious (happening inside the finance back-office), which makes it easy for people to miss.
If youโre a bank, fintech, money services business, or even a corporation looking to transform your treasury function from a cost to a revenue center, reach out to us at PrimeVault.
The future shouldnโt wait on infrastructure.
Next stop: $500bn. 6 months. ๐
Read the full story โ link in comments.
We're excited about the US CLARITY Act.
We think all YC companies will use crypto technology, like stablecoins, before long. Not just crypto startups, not just fintech startups, but every company.
Here's why this law is such a big deal ๐งต
https://t.co/39hENfAIZk
Announcing YC Crypto deals
We're now providing crypto deals to support fintech builders funded by YC: support on tools like wallets, onramps, audits, blockchains, onchain data.
LLMs are powerful research and reasoning tools but arenโt โ as of right now โ great decision makers. But you could really use them to sharpen and accelerate learning to form reasonably good opinions.
- Drafted a blog post
- Used an LLM to meticulously improve the argument over 4 hours.
- Wow, feeling great, itโs so convincing!
- Fun idea letโs ask it to argue the opposite.
- LLM demolishes the entire argument and convinces me that the opposite is in fact true.
- lol
The LLMs may elicit an opinion when asked but are extremely competent in arguing almost any direction. This is actually super useful as a tool for forming your own opinions, just make sure to ask different directions and be careful with the sycophancy.
President @realDonaldTrump is right: the U.S. needs clear rules for digital asset markets.
The CLARITY Act helps ensure entrepreneurs build the next gen of financial tech here at home.
I look forward to working with @ChairmanSelig to help implement CLARITY in the near future.
A simple heuristic for where some of the biggest AI agent opportunities are: domains where reading or writing lots of information is a core bottleneck of value creation.
Coding has been the first and most obvious one so far where this manifests in a big way. But the same will hold for areas constrained by reading or writing contracts, financial documents, emails, medical information, logs, and so on.
There are probably dozens or hundreds of categories that still havenโt been addressed yet of what happens when you lower the cost of reviewing or producing any form of data by 99%.
In general, love your posts, but this is not accurate. The White House has been super constructive here.
They did ask us to see if we can go figure out a deal with the banks, which we're currently working on.
Actually, we've been cooking up some good ideas on how we can help the community banks specifically in this bill, since that's what this is about.....the community banks, right? More coming soon.
For the anti-rewards/yield crowd currently threatening to withhold their support for the CLARITY Act, I would would remind you that tanking the bill over this issue preserves the status quo which you allege is intolerable. You will have achieved nothing.
Be reasonable.
$1B to $50B in annualized volume. 50x growth in one year โจ
2025 was the year stablecoins became infrastructure and the year our bet proved right
We built with that future in mind ๐
As I told @MariaBartiromo last week, U.S. financial markets are poised to move on-chain. Under my leadership, @SECGov is prioritizing innovation and embracing new technologies to enable this on-chain future, while continuing to protect investors.
Cross-chain stablecoin treasury management just got a major upgrade! ๐๐
@wormhole is the largest and most reliable protocol connecting the Solana and EVM ecosystems
And @primevaultHQ + @wormhole is the best place for executing cross-chain stableswaps safely, reliably and efficiently, with institutional-grade SLAs and security guarantees ๐
Reach out to learn more about our full range of native swaps and cross-chain capabilities, tailored for institutional size and scale!
PrimeVault ๐ค Mayan
Announcing a major expansion to PrimeVault's infrastructure: native cross-chain transfer capabilities through our integration with @MayanFinance and @wormhole.
PrimeVault is the first platform to bring secure cross-chain swapping to institutions within a custody environment.
When we kicked off the Architecture Series with @jeapostrophe, the goal was to show how PrimeVaultโs design could safely move tens of billions for enterprises.
Now weโre here: $50B in annualized transaction volume, powered by the same architecture weโve been breaking down episode by episode. More modules dropping soon ๐
https://t.co/gXJntxrKa6
There is something very special about seeing a team that actually builds and contributes get proper appreciation. @primevaultHQ has been doing exactly that, and I am really happy to see it acknowledged. Working together on Alephium has genuinely been a pleasure @akanshj31 & @prashantupd