Stepan | squads.xyz
@SimkinStepan
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CEO @SquadsProtocol. Building stablecoin-powered financial services for businesses @tryaltitude, individuals @fusewallet and developers.
Joined January 2020
Everyone’s building neobanks now. We’re building the infrastructure they’ll run on. The bank account of the future is self-custodial, programmable and onchain, with granular permissions and money movement workflows built in by design. With @SquadsProtocol, we’re making it easy
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The amount of hoops many teams on Solana jump through to abstract fees and rent is a joke. One API to sponsor all transaction, priority and rent fees.
Do your users still need SOL to pay gas? Gas abstraction will be table stakes for the next era of stablecoin apps. Grid makes it simple to enable, so every transaction just works.
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Do your users still need SOL to pay gas? Gas abstraction will be table stakes for the next era of stablecoin apps. Grid makes it simple to enable, so every transaction just works.
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DeFi I used yesterday: - Fuse (proud tiny angel investor) - Exponent (proud tiny angel investor) - MetaDAO (proud tiny angel investor) - Hylo (not an angel & devastated) If you're in crypto and you're not using Fuse, my humble opinion is that you are stupid. It's like a sick
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Holdings is now live on Altitude. • Hold SOL alongside USDC and EURC • Seamlessly move between assets with in-platform swaps • On/off ramp, make payments, and transfer with zero fees Modern treasury for businesses in 150+ countries.
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It's official: @WesternUnion, the world's largest money transfer business, is building exclusively on Solana. 🔥
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Let’s call it: Western Union issuing their stablecoin on Solana shows that major payments incumbents are saying “we need a chain that isn’t owned by a single BigTechCo; we need neutral rails, scale, and trust.” That chain is Solana. The corporate chains may be trying to throw
wsj.com
The company plans to launch its own stablecoin in 2026 to send money around the globe, a move that might lower customer costs and settle transactions faster.
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I can finally vibe code my taxes
today, Solana changes forever we've solved the biggest data/RPC problem that exists solana historical/archival data — has now been redesigned quick context: today when you query historical data (getBlock/getTransaction/getSignaturesForAddress), it hits Google BigTable this
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today, Solana changes forever we've solved the biggest data/RPC problem that exists solana historical/archival data — has now been redesigned quick context: today when you query historical data (getBlock/getTransaction/getSignaturesForAddress), it hits Google BigTable this
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The Squads team is at @money2020 this week. If you’re exploring how stablecoins can power your next product or financial workflow, we’d love to meet. DM @GarrettHarper_ or @Steve_squads to connect with the team behind @tryaltitude, @fusewallet and Grid.
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😍 @fusewallet might be the most beautiful Expo app in the world. It's definitely one of them. Even if you don’t care about modern money apps, it’s worth a look for the tasteful design decisions. The app uses: ♢ Expo Modules for key management & fraud prevention ♢ EAS Build
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ZAR has raised $12.9 million to bring ROCK. SOLID. DOLLARS. to the Global South 💵🌍 Led by @a16zcrypto, with @dragonfly_xyz, @vaneck_us, @cbVentures, and Endeavor Catalyst. 🧵👇
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showed my buddy from college who is a financial advisor managing $50M+ that $USDC can make 7%+ APY on @fusewallet by simply ACH transferring fiat to a routing/account number his mind was blown 🤯 there are roughly 1-1.5 million financial advisors in the world we are early af
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Introducing $BSOL — the Bitwise Solana Staking ETF. Starts trading tomorrow. - First U.S. ETP to have 100% direct exposure to spot SOL - Maximizing Solana’s 7%+ average staking reward rate* - Targeting 100% of assets staked - Staking through Bitwise Onchain Solutions, powered by
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Day 12 We go all in on red. And refuse to participate in the thirst trap meta.
Will be posting a selfie a day until either: 1. @tryaltitude gets to 1,000 verified business users. 2. I get a girlfriend. @Polymarket on which happens first incoming.
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We launched Altitude one month ago. Since then we onboarded 200+ businesses including startups, law firms, marketing agencies, corporate services providers and logistics companies. Business wants access to stablecoins and we’re making it happen.
Altitude is open for business. Sign up today to get access to USD/EUR accounts, earn 5.00% APY, send cross-border payments and manage your treasury. Now available for businesses in 150+ countries.
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Optimize your work culture for “no one to blame but me” - Empower team members to make - and own - their decisions - Reduce reliance on agencies - if you use agencies make the point person internally accountable for the agency (no excuses) - cultivate a “red team” culture -
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Kind reminder that the ultimate antifragile self custody setup for your Solana assets balancing security and UX is @fusewallet with one Ledger for 2FA and another for recovery. That way you can: - always access your account via the Squads Multisig app as a backup UI (or the
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Excited to share that I will be in Abu Dhabi for @SolanaConf to talk about how Squads is building financial infrastructure and services layer for the stablecoin economy (on @solana). Can't wait to onboard each and every Solana founder to @tryaltitude myself.
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M&A season at Squads in full swing. Merging PRs and acquiring customers at a crazy pace.
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