@Charlie_Pyle

founder @hourglasshq prev: crypto & ai researcher @usc → co-founder @altro_app, @zetachain anonymous feedback: https://nitter.cf/t.co/pHUVawR6bJ

Joined June 2013
Charlie - Hourglass ⏳ retweeted
Today we are open sourcing Quest, an AI harness that we built at @ElectricCapital, used by all of our teams every day. Deploying AI to a whole organization is not easy. We looked at many, many options. Ultimately, there were two reasons that led us to build our own harness: 🧵
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Charlie - Hourglass ⏳ retweeted
Receiving conditional approval from the OCC is a tremendous milestone in our journey. Agora is the financial operating system for the next generation of global business: digital dollars with the operational simplicity of a bank account, faster and more capable. Stablecoins, banking, wallets, software workflows, and the operator tools to run all of it, in one place, under one regulated entity. Enterprises shouldn’t have to assemble a collection of vendors who don’t talk to each other in order to incorporate stablecoins into their business. We are thrilled to be coming home 🇺🇸, game on!
Agora has received preliminary conditional approval from the OCC to organize as a national trust bank. A defining early milestone on the path to a full charter for Agora and regulated stablecoin infrastructure. agora.finance/blog/occ-condi…
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Charlie - Hourglass ⏳ retweeted
Introducing @PoeticHQ: a new AI system that executes complex multi-hour tasks with 99%+ accuracy and 10x fewer tokens than agents. We raised $50M at $500M from Kleiner Perkins, Founders Fund, First Harmonic, and Genius Ventures to build AI that does complex work inside Fortune 500 companies without hallucination. While code is too brittle, agents are too unpredictable. The work that runs the global economy - anti-money laundering, fraud investigations, underwriting - needs extreme accuracy. So we built a new kind of software that pairs the flexibility of AI with the predictability of code. When the world stays the same, Poetic runs fixed code: fast, cheap, identical every time. When the world changes, Poetic uses AI to regenerate its approach and find its way back to the objective. In one year, we went from zero to an eight-figure run rate as a team of four. Since then, we’ve scaled the team and executed the highest-stakes processes at AIG, SoFi, and Chime. At SoFi, a large US bank, Poetic reached 99%+ quality on fraud investigations in five weeks.
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Charlie - Hourglass ⏳ retweeted
Most of the CLARITY conversation is about payment rails and infrastructure relief. Real opportunity, but @stripe and @circle will capture most of it. The bigger prize is harder and further out: network tokens as a go-to-market weapon for the next generation of SaaS, fintech, and AI companies. Here's the case.
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Charlie - Hourglass ⏳ retweeted
Anchorage Digital is serving as the qualified custodian for the @hourglasshq institutional vault as part of the @Stable Pre-Deposit Campaign Phase 2.
The Stable Pre-Deposit Program — Phase 2 has concluded. Over 10,000 verified wallets contributed more than $1.1B in eligible deposits, marking the largest fully verified on-chain pre-deposit program to date. Allocation details, including the $1,000 minimum, are provided below.
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Charlie - Hourglass ⏳ retweeted
Yesterday, $1.7 Billion was deposited to @hourglasshq vaults. Big shoutout to @Charlie_Pyle & the team. These guys embody what makes DeFi great — any weekend, they may or may not invent a new financial primitive. Keep these guys on your radar!
KYC links for the @Stable Pre-Deposit Vault — Phase 2 are now live. We’re excited to share that over 24,000 wallets, representing ~$1.74 billion in deposits, successfully passed wallet screening. FAQs below: - Each user has until Tuesday, Nov 11th at 11:59 PM UTC to complete KYC. - Users who were unable to complete KYC earlier can do so during this window. - If you deposited and did not receive a KYC link, your wallet did not pass Chainalysis wallet screening. You can withdraw your USDC directly from the contract at any time. - KYC links are only accessible through the Hourglass frontend in the user dashboard. Never trust links sent elsewhere. - KYC vs KYB: KYC is for individuals; KYB is for businesses and entities. - If your KYC is rejected, do not resubmit immediately. A reopening process will be shared soon in the Hourglass Discord for users whose applications may have been rejected in error (e.g., blurry photo or expired ID).
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Charlie - Hourglass ⏳ retweeted
A few updates on the @Stable Pre-Deposit Vault — Phase 2: The vault has now surpassed $1.6B in deposits across over 25,000 wallets. We’re grateful to see such strong participation from the community. Deposits close in under an hour at 1:25 AM UTC. FAQs: - Each wallet will have 72 hours to complete verification once KYC links are distributed. Links will be made available a few hours after deposits close. - Users who were unable to complete KYC earlier will be able to do so during this window. - Only users that pass wallet screening will receive KYC links. - KYC links will only be available through the Hourglass frontend. - Users who believe their KYC has failed for an invalid reason will be able to open up a support ticket. - If total eligible deposits exceed $500 million, allocations will be pro-rata, and any remaining amount will be withdrawable. - For eligible users, any unallocated portion of their deposit — funds not included in the pro-rata allocation — will be available to claim by the end of next week. - Users who choose not to KYC or are marked ineligible may withdraw their funds at any time.
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Charlie - Hourglass ⏳ retweeted
Many of you are new to Hourglass — welcome. To those who’ve been with us since the early days, thank you. Hourglass has been building since 2022. For those new to the protocol, here’s a quick overview 👇
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Charlie - Hourglass ⏳ retweeted
More details on Phase 2 of the Pre-Deposit Campaign: • KYC will begin after depositing and must be started within 24 hours of your deposit. It must be completed by Saturday, November 8th at 2PM UTC to remain eligible. • Users can withdraw at any time if their deposit is marked as invalid. • The KYC team will be all hands on deck to review submissions after Saturday to handle the high volume. The team reserves the right to extend the KYC period to ensure greater inclusion if needed. For any issues, please contact @hourglasshq support. Please check the campaign overview and participation guidelines in the thread below.
Replying to @hourglasshq
Campaign overview and details (2/3) • Minimum user deposit: $1K • Maximum user deposit: $100K for first hour, $20M thereafter • Terms of Service: must be signed prior to deposit • KYC Process: must complete by Saturday, November 8th at 2PM UTC
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Charlie - Hourglass ⏳ retweeted
Hourglass is excited to introduce its institutional vault for the @Stable Pre-Deposit Campaign – Phase 2. Deposits will be deployed in partnership with a top-tier investment bank with deep experience in crypto markets, creating up to $500M of USDT liquidity on Stable.
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Charlie - Hourglass ⏳ retweeted
PayPal 🤝 Stable We’re excited to announce a strategic investment from @PayPal to advance @Stable's role in stablecoin payments. This collaboration marks a new phase for stablecoins: moving from niche adoption to becoming embedded in the fabric of global finance.
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Charlie - Hourglass ⏳ retweeted
Thrilled to join @tether! Huge thanks to @paoloardoino & the team for the warm welcome. Excited to help build an ecosystem of digital asset products that set the standard for compliance & innovation—empowering U.S. consumers and reshaping our financial system. The best is yet to come.
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Charlie - Hourglass ⏳ retweeted
🚨🚨🚨 The House just passed my bill – The GENIUS Act! This historic legislation will bring our payment system into the 21st century. It will ensure the dominance of the U.S. dollar. It will increase demand for U.S. Treasuries. I look forward to @POTUS signing GENIUS into law – the first step in making America the crypto capital of the world.
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Charlie - Hourglass ⏳ retweeted
25,000 devs are building in open source crypto right now. The Electric Capital Developer Report site now updates weekly, not yearly. You can now track live dev stats for Bitcoin, Ethereum, Solana, and more. (1/6) ⬇️
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Charlie - Hourglass ⏳ retweeted
Today, we’re introducing the Terminal. Pay anyone and any project on Github.
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nyc tuesday-friday this week never been a better time to build in tech, finance, and crypto DM if you’re interested in chatting about yield, stablecoins, and the institutional adoption of crypto
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Charlie - Hourglass ⏳ retweeted
To succeed in crypto you need to thrive in chaos. If you feel overwhelmed you will fail. You won’t focus on the right work. You won’t do high quality work. You won’t be having fun. How do you thrive in chaos? The best way is to focus on the MOST IMPORTANT THING. Most work doesn't matter, most work is fake. Outcomes are always 80/20, Pareto-based. If you find that most important thing, then you will thrive, no matter how much chaos there is, because you'll be moving forward step-by-step, you'll be winning, and winning is fun! Keep it simple: Focus on the most important thing.
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> Be 22 y.o. > 1st time in NYC > Get lost on subway > Dream up Google Transit > Have no idea how hard it would be to build > Bunch of talented, naive people build in spare time (shoutout @chrishtr, @twephanie, @KatieS) > Grows to 1B MAU Naivety is a feature, not a bug
1/ In 2005, @avichal visited NYC and kept getting lost on the subway. Late to dinner and frustrated, he wondered: If Google Maps can route me anywhere by car, why can’t it get me on the right train? So on his flight home, he wrote the product spec for Google Transit. 🧵
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