Cross-border payments on stablecoin rail

Hacker News

Hi guys, long time (for years) lurker of HN. I have a product to show you all. We recently launched in beta. Not everyone loves crypto and has diamond hands. Not everyone wants to get paid in crypto. We've built Binamite for users who have clients that pay in crypto (all web3 companies), so that the users can receive money in their local fiat. We do the heavy lifting behind the scenes. Moreover, and more importantly, on the same rails, we make fiat-to-fiat cross-border payments at blockchain speed and cost. That means, for instance, Euro from Europe reaches ZAR in South Africa without ever going through SWIFT. All in a matter of hours. Please check it out if you can. Any feedback is appreciated! PS: Here's the demo for the lazy: https://binamite.com/demo (INR to NGN in 27 minutes). It'd take 3-5 days with SWIFT.

Visit product View on Hacker NewsOct 24, 2023

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nativeThis product was originally launched on this platform.

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Correct prediction on native model

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