Stablecoins at @Jeeves_inc

Joined August 2012
Very proud of this one! We’ve been living the “enterprises actually want stables in production” story every week. Nice to see the raise match that pace. More to come soon!
Excited to announce our $110M raise to scale our stablecoin-native banking platform for global enterprises across 35 countries (10 new countries!) 🚀🦁 Our stablecoin business crossed $1.5B annualized volume in just 8 months, driven by exponential enterprise demand. Since signing the Series C-1 term sheet, revenue has grown more than 50% in a few months. The pace is accelerating. As we go deeper into the stablecoin ecosystem, I'm pumped to have @coinfund lead the round, joined by @AB_insights, @a16z, @cbventures, @CRV, GIC, @gpt, @paraficapital, Vista, @wmt_ventures, @ycombinator and others. Also grateful to have the best founders building in the space joining the round: @zcabrams (Bridge, OUSD), @psneville (Circle, Catena), @sternhenri (Privy), @prabhakar2reddy & @karan705 (OpenFX), @SamBroner (Better Money Co.) and Ricardo Marino (Global Chairman at Itaú), among others. Over the last year, AI & stablecoins have powered us to an inflection point. Today, we have fewer employees than we did two years ago, while revenue and volume have grown more than 10x crossing $5B in annualized TPV. AI is embedded across Jeeves and has fundamentally changed how we build and operate. Alongside the round, we're launching: 💸 Jeeves stablecoin wallets: Our custom built wallets supporting USDC and USDT, with payouts to 190 countries, all in one platform. 💳 Cards in 10 more countries: Argentina, Peru, Paraguay, Uruguay, Panama, Guatemala and others. The same award winning expense management platform used by BMW, Burger King and H&M are now available in these markets. 🧾 Accounts Receivable (AR): Alongside our core Cards and AP modules, we're launching our AR module, starting with Brazil 🇧🇷 This was one of the biggest customer requests! 📊 Jeeves Global AI Spend Tracker: We all know AI spend is growing but if you operate in six countries, with Claude spend in pesos & OpenAI spend in pounds, how do you actually know what you spent across models, countries, currencies & what drives ROI? Well now you do with our Global AI spend tracker across the globe 🌎 🇪🇸 Lastly, we opened our doors in Madrid to accelerate our expansion across EMEA, with a focus on stablecoin payment corridors between Europe & the world. The next decade of global banking will be agentic and seamless between stablecoin and fiat. To build this companies need to own the primitives directly. This chapter is being written right now, and small teams with big ambition, powered by AI and stablecoins, will write it. We intend to be the company that defines it 🌎 Thank you to our customers, teammates and investors for the trust you put in us every day 🙏 If you want to shape the future of global money at the cutting edge of stablecoins and AI, come build it with us. It won't be easy but it will be fun 👉 tryjeeves.com/us/about-us Day one of this next chapter starts now. It's time to build.
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LATAM already did this in production while the US is still waiting on permission. Time to catch up!
If we want people to start and grow crypto companies in America, we need to give them rules they can build their businesses around. We've waited long enough.
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The interesting part isn’t “four products.” It’s a nationally chartered bank putting USDC/USDT next to cards and multicurrency as core rails, not a side experiment.
We started @column with the insane idea to rebuild every component of the financial system from scratch. Today, I think we've finally completed that build. We're releasing four new products, so any technology company can build at the frontier of financial services.
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It always amazed me how Tron conquered actual distribution with zero Western respect. Everyone else: grants, conferences but no stickiness. Tempo is the only one that seems to be growing without subsidies.
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