Abhishek Sahu
@abhisheksahu.bsky.social
Risk Manager @ CARS24 | Ex-ICICI, HSBC, Axis, Credlix, Ninjacart | MBA (IIM Ranchi) | CFA | CQF. Writing on fintech business models & credit risk. Subscribe for deep dives, case studies & frameworks.
https://finrisk.substack.com/
https://finrisk.substack.com/
Context: Circle has filed for an IPO. Symbol: $CRCL
CPN launch + IPO = a bold bet to institutionalize stablecoins at scale.
The next Stripe? Or the next Swift (onchain)?
CPN launch + IPO = a bold bet to institutionalize stablecoins at scale.
The next Stripe? Or the next Swift (onchain)?
April 22, 2025 at 4:42 PM
Context: Circle has filed for an IPO. Symbol: $CRCL
CPN launch + IPO = a bold bet to institutionalize stablecoins at scale.
The next Stripe? Or the next Swift (onchain)?
CPN launch + IPO = a bold bet to institutionalize stablecoins at scale.
The next Stripe? Or the next Swift (onchain)?
CPN will power use cases like:
– Institutional treasury & settlements
– Government payouts
– E-commerce and subscriptions
– Micropayments & creator payments
– Global payroll & remittances
All while staying compliant with AML, CFT, and sanctions regimes.
– Institutional treasury & settlements
– Government payouts
– E-commerce and subscriptions
– Micropayments & creator payments
– Global payroll & remittances
All while staying compliant with AML, CFT, and sanctions regimes.
April 22, 2025 at 4:42 PM
CPN will power use cases like:
– Institutional treasury & settlements
– Government payouts
– E-commerce and subscriptions
– Micropayments & creator payments
– Global payroll & remittances
All while staying compliant with AML, CFT, and sanctions regimes.
– Institutional treasury & settlements
– Government payouts
– E-commerce and subscriptions
– Micropayments & creator payments
– Global payroll & remittances
All while staying compliant with AML, CFT, and sanctions regimes.
How CPN works:
📍 A US sender onboards into USDC
📍 Their institution pings CPN for FX quotes
📍 Recipients in, say, the Thailand respond
📍 Best quote is chosen, USDC flows
📍 Fiat payout happens locally
Smart contracts + FX pools coming soon.
📍 A US sender onboards into USDC
📍 Their institution pings CPN for FX quotes
📍 Recipients in, say, the Thailand respond
📍 Best quote is chosen, USDC flows
📍 Fiat payout happens locally
Smart contracts + FX pools coming soon.
April 22, 2025 at 4:42 PM
How CPN works:
📍 A US sender onboards into USDC
📍 Their institution pings CPN for FX quotes
📍 Recipients in, say, the Thailand respond
📍 Best quote is chosen, USDC flows
📍 Fiat payout happens locally
Smart contracts + FX pools coming soon.
📍 A US sender onboards into USDC
📍 Their institution pings CPN for FX quotes
📍 Recipients in, say, the Thailand respond
📍 Best quote is chosen, USDC flows
📍 Fiat payout happens locally
Smart contracts + FX pools coming soon.
What’s different this time?
Circle is building a vertically integrated network — not just issuing stablecoins but managing on/off ramps, FX routing, liquidity, and compliance.
Think: Swift + Visa + DeFi, but programmable and onchain
Circle is building a vertically integrated network — not just issuing stablecoins but managing on/off ramps, FX routing, liquidity, and compliance.
Think: Swift + Visa + DeFi, but programmable and onchain
April 22, 2025 at 4:41 PM
What’s different this time?
Circle is building a vertically integrated network — not just issuing stablecoins but managing on/off ramps, FX routing, liquidity, and compliance.
Think: Swift + Visa + DeFi, but programmable and onchain
Circle is building a vertically integrated network — not just issuing stablecoins but managing on/off ramps, FX routing, liquidity, and compliance.
Think: Swift + Visa + DeFi, but programmable and onchain