We started Elsa in March 2024. AI was new. Crypto was hard. The goal was simple. Make onboarding stupid easy. You type what you want. Elsa builds the route. You approve. It settles. No wallets to learn. No chains to pick. No gas to think about. 945K wallets later. $580M moved. Zero loss of funds. Then the user changed. Today the one typing the request is often not a person. It is an agent. Running a loop. Calling ten services to finish one job. Paying each one a cent. The context evolved. The mission did not. We still remove the friction between intent and settlement. We just removed it for machines too. Here is what we believe about the future of money. Crypto is the rail The only one that settles in seconds, around the clock, for cents, with no gatekeeper. Stablecoin payments crossed $400B this year. Cross-border grew 64% against 9% for banks. Agents are the customer 138M x402 payments on Base. 87% under ten cents. Wallet-to-first-payment down from 73 days to 18 minutes. The supply side is the bottleneck. Millions of APIs. Almost none can take a payment from a machine. So this is where Elsa sits now. The access layer. One terminal. Embedded wallet. Card in, USDC out, nobody notices the plumbing. The settlement engine. Our own x402 facilitator. $25M facilitated. Circle Nanopayments underneath for the sub-cent tier. And today, Aegis. Drop it in front of any HTTP API. It prices the route, returns a 402, verifies the payment, and forwards the request. Agents are the customers. Minutes, not months. Two years ago we simplified crypto for humans. Now we are simplifying money for the machines that work for them. Same mission. Bigger buyer. Full thesis below 👇