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Proud to share that Bastion has been selected as one of Samsung Wallet's stablecoin partners, providing regulated infrastructure, custody, and cross-border remittances across 82 million U.S. Galaxy devices.
It's an incredible milestone for Bastion, and the entire industry.
of October, eligible Galaxy users will be able to hold and send stablecoins directly in Samsung Wallet, without installing a separate crypto app or managing private keys.
We keep the ledger for each user's balance, verify and screen each user, and monitor transactions for fraud, money laundering, and sanctions exposure. Users can also send money from Samsung Wallet to bank accounts in more than 60 countries, delivered in local currency through our network of local regulated partners.
The crypto industry has spent years talking about reaching the mainstream, and this is what it looks like. Most Galaxy users will never think about custody, compliance, blockchains, or remittance rails, and that's exactly the point. We built Bastion to handle that complexity so the experience feels simple and safe.
Thank you to the Samsung Wallet team for their trust, and to the Bastion team who made this happen.
Full release:
bastion.com/article/bastio…
It's an incredible milestone for Bastion, and the entire industry.
of October, eligible Galaxy users will be able to hold and send stablecoins directly in Samsung Wallet, without installing a separate crypto app or managing private keys.
We keep the ledger for each user's balance, verify and screen each user, and monitor transactions for fraud, money laundering, and sanctions exposure. Users can also send money from Samsung Wallet to bank accounts in more than 60 countries, delivered in local currency through our network of local regulated partners.
The crypto industry has spent years talking about reaching the mainstream, and this is what it looks like. Most Galaxy users will never think about custody, compliance, blockchains, or remittance rails, and that's exactly the point. We built Bastion to handle that complexity so the experience feels simple and safe.
Thank you to the Samsung Wallet team for their trust, and to the Bastion team who made this happen.
Full release:
bastion.com/article/bastio…
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That's a core reason why I'm so bullish on enabling embedded financial accounts within the largest most trusted brands in the world like Samsung. People know you, trust you, and use you.
>90% of the work is done.
>90% of the work is done.
Based. Not many founders/CEOs have the balls to do brand marketing. Most just live in a perpetual cycle of performance ads. @NStoronsky on @davidsenra’s podcast.
“If you’re a digital bank, you don’t have branches. People don’t see you physically, so they trust you less by HSBC, Lloyds, JP Morgan Chase."
"So how do you build trust? In performance marketing you pay per impression, and there are a lot of spaces in the physical world you can buy that also produce impressions, at a much cheaper price. We bought almost 50% of all airports in Europe. Simple math. How many times a year people travel, how many times they’re in the airport, how many impressions we produce, how much it costs us. There is arbitrage to performance marketing.”
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We just signed a major corporate with OVER 1.5 BILLION APP DOWNLOADS to power their stablecoin ecosystem! 🚀🔥
We recently announced several wins: Samsung picking Bastion for its regulated stablecoin infrastructure on its flagship stablecoin account for 82M U.S. Galaxy devices nd obtaining our OCC conditional approval for a federally chartered trust bank. We’re now growing even faster.
I can’t share the name or details yet, but we’re getting more industry-defining wins, and it’s only accelerating.
Bastion has been building over the last few years the tools of mass adoption for stablecoins:
• Security
• Compliance
• Scalability
We excel in each of those areas.
Bastion is on an incredible trajectory and I can’t wait to share more.
If you’re a large enterprise building products that use stablecoins, Bastion has the single best platform to support you - let's talk now!
We recently announced several wins: Samsung picking Bastion for its regulated stablecoin infrastructure on its flagship stablecoin account for 82M U.S. Galaxy devices nd obtaining our OCC conditional approval for a federally chartered trust bank. We’re now growing even faster.
I can’t share the name or details yet, but we’re getting more industry-defining wins, and it’s only accelerating.
Bastion has been building over the last few years the tools of mass adoption for stablecoins:
• Security
• Compliance
• Scalability
We excel in each of those areas.
Bastion is on an incredible trajectory and I can’t wait to share more.
If you’re a large enterprise building products that use stablecoins, Bastion has the single best platform to support you - let's talk now!
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Basically nothing changes. France will let everyone break, steal, burn, and hurt without punishment.
Let's see what people vote for in a few months.
Let's see what people vote for in a few months.
Adresse aux Français. x.com/i/broadcasts/1…
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The Bastion team is going to Vegas
Come say hi, we love to talk about money
Come say hi, we love to talk about money
We’re heading to @money2020 USA
The Bastion team will be on the ground in Las Vegas connecting with financial institutions and enterprises building with stablecoins.
Our Founder & CEO @nassyweazy will also take the stage on October 18 to discuss what it takes to move stabproduction at enterprise scale.
See you there!
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Japanese IT powerhouse BIPROGY (@BiprogyInc) has selected Bastion to pilot stablecoin treasury payments between Japan and the U.S.
We continue our journey to bring stablecoins to the world's largest companies.
BIPROGY has spent over 60 years building core banking infrastructure nstitutions. They’re now working with Bastion to move USDC between Japan and the U.S. with plans to expand into stablecoin services for banks and corporations.
Following our partnership with Sony Bank, this marks another important step in bringing stablecoins into Japan’s financial system.
BIPROGY has architected and powers critical financial infrastructure including for Japanese megabanks like SMBC and MUFG, as well as the Tokyo Stock Exchange!
Excited to work with the BIPROGY team on what’s next!
bastion.com/article/biprog…
We continue our journey to bring stablecoins to the world's largest companies.
BIPROGY has spent over 60 years building core banking infrastructure nstitutions. They’re now working with Bastion to move USDC between Japan and the U.S. with plans to expand into stablecoin services for banks and corporations.
Following our partnership with Sony Bank, this marks another important step in bringing stablecoins into Japan’s financial system.
BIPROGY has architected and powers critical financial infrastructure including for Japanese megabanks like SMBC and MUFG, as well as the Tokyo Stock Exchange!
Excited to work with the BIPROGY team on what’s next!
bastion.com/article/biprog…
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Nass Eddequiouaq retweeted
Bastion is partnering with @BiprogyInc the company behind Japan’s first public cloud-based core banking system, to pilot stablecoin treasury payments between Japan and the U.S.
BIPROGY plans to develop solutions that enable corporate and retail customers to use stablecoins, starting with a pilot to conduct cross-border payments between its Japan and U.S. operations using USDC on Bastion’s infrastructure.
Through Bastion, enterprises can begin moving funds immediately upon onboarding and gain firsthand experience in a real operating environment, without committing to a bespoke product build or a multi-year banking core overhaul.
For more than 60 years, BIPROGY has played a major role in shaping Japan’s banking infrastructure. Now, we’re excited to work alongside its team as it explores how stablecoins can support the next generation of financial services.
Read more: bastion.com/article/biprog…
BIPROGY plans to develop solutions that enable corporate and retail customers to use stablecoins, starting with a pilot to conduct cross-border payments between its Japan and U.S. operations using USDC on Bastion’s infrastructure.
Through Bastion, enterprises can begin moving funds immediately upon onboarding and gain firsthand experience in a real operating environment, without committing to a bespoke product build or a multi-year banking core overhaul.
For more than 60 years, BIPROGY has played a major role in shaping Japan’s banking infrastructure. Now, we’re excited to work alongside its team as it explores how stablecoins can support the next generation of financial services.
Read more: bastion.com/article/biprog…
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The world's largest phone maker chose @Bastion for their regulated stablecoin infrastructure, custody, and cross-border money movements
Higher
Higher
The Samsung partnership was years in the works, and it’s just one piece of Bastion’s bigger AI vision.
@nassyweazy, Founder & CEO of @Bastion, tells @RemyBlaireNews they’re already embedding AI internally for risk and compliance, while helping the world’s largest companies solve agenbetting stablecoins become “a better form of money” for AI agents.
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Nass Eddequiouaq retweeted
Proud to share that Bastion has been selected as one of Samsung Wallet's stablecoin partners, providing regulated infrastructure, custody, and cross-border remittances across 82 million U.S. Galaxy devices.
It's an incredible milestone for Bastion, and the entire industry.
of October, eligible Galaxy users will be able to hold and send stablecoins directly in Samsung Wallet, without installing a separate crypto app or managing private keys.
We keep the ledger for each user's balance, verify and screen each user, and monitor transactions for fraud, money laundering, and sanctions exposure. Users can also send money from Samsung Wallet to bank accounts in more than 60 countries, delivered in local currency through our network of local regulated partners.
The crypto industry has spent years talking about reaching the mainstream, and this is what it looks like. Most Galaxy users will never think about custody, compliance, blockchains, or remittance rails, and that's exactly the point. We built Bastion to handle that complexity so the experience feels simple and safe.
Thank you to the Samsung Wallet team for their trust, and to the Bastion team who made this happen.
Full release:
bastion.com/article/bastio…
It's an incredible milestone for Bastion, and the entire industry.
of October, eligible Galaxy users will be able to hold and send stablecoins directly in Samsung Wallet, without installing a separate crypto app or managing private keys.
We keep the ledger for each user's balance, verify and screen each user, and monitor transactions for fraud, money laundering, and sanctions exposure. Users can also send money from Samsung Wallet to bank accounts in more than 60 countries, delivered in local currency through our network of local regulated partners.
The crypto industry has spent years talking about reaching the mainstream, and this is what it looks like. Most Galaxy users will never think about custody, compliance, blockchains, or remittance rails, and that's exactly the point. We built Bastion to handle that complexity so the experience feels simple and safe.
Thank you to the Samsung Wallet team for their trust, and to the Bastion team who made this happen.
Full release:
bastion.com/article/bastio…
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love talking to @SimkinStepan because we want the exact same thing for the future of this space, even if we believe different paths will get us there first
One question started a (friendly) argument between two founders.
Should your stablecoins sit with a regulated custodian or in an onchain program?
The age-old question: custody versus self-custody.
In August, @nassyweazy of @Bastion replied to @SimkinStepan of @multisig / his is a bad take." Then: "We should debate this live and go deep on the trust model."
31 minutes later, Stepan: "We really should do a live debate, I always enjoyed our custody conversations. @drewrogers let’s make it happen?"
On September 24, they debated it for 47 minutes on @stabledash Live.
Where do you land?
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Nass Eddequiouaq retweeted
A big week for Bastion in Seoul
Our COO @CFriedman00 joined policymakers, banks and builders at @kbwofficial and @0xEastPoint to discuss the role of stablecoins in the next generation of financial services, and what enterprises need to adopt them at scale.
Our COO @CFriedman00 joined policymakers, banks and builders at @kbwofficial and @0xEastPoint to discuss the role of stablecoins in the next generation of financial services, and what enterprises need to adopt them at scale.
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Get ready for one of the biggest milestones in the history of crypto... 👀
Not exaggerating.
Not exaggerating.
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Do not settle for the rat race.
I left Silicon Valley 6 years ago
Why?
Because it's a monoculture
The most extreme group think of any place on the planet
Show up to a dinner party and everyone is in tech
So what do they do? They start stack-ranking each other
And it's a totally ordered set: being founder of co $100B market cap > founder of co with $50B market cap > managing partner of tier 1 venture firm > hired CEO of $50B public co > founder of $10B co > etc etc
Pure toxicity that nerfs creativty
And then as a corollary, people are especially afraid to speak truth to power as everyone knows their place in
"The Hierarchy"
Reject this nonsense. Stay weird. Think independently. Be honest with yourself. Have fun.
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"Flight Is Diverted to New York After Clash Between Plane Passengers"
The New York Times, BBC News
The New York Times, BBC News
Breaking news: A plane flying from Dubai to Israel was diverted after an altercation between the pilot and co-pilot, Israeli officials said. nyti.ms/4rHOvin
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Nass Eddequiouaq retweeted
ai-generated stuff that does NOT look like ai = the new alpha
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Nass Eddequiouaq retweeted
Loving all the sf tech Shabbat posts!
Any interest in an nyc tech Shabbat? Considering hosting one
Any interest in an nyc tech Shabbat? Considering hosting one
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The Bastion World Tour continues with @CFriedman00 speaking at KBW Seoul and East Point! 🇰🇷
Catch Caroline talk about US regulations in the crypto space and the role of stablecoin infrastructure in real-world use cases.
East Point · Sep 28 · 12:30 PM KST
End-to-End Stablecoin on & Real-World Use Cases
Korea Blockchain Week · Sep 30 · 2:40 PM KST
Lawyers, Liability and the Next US Crypto Regime
If you're looking for the most robust stablecoin infrastructure partner for enterprises, come say hi.
Catch Caroline talk about US regulations in the crypto space and the role of stablecoin infrastructure in real-world use cases.
East Point · Sep 28 · 12:30 PM KST
End-to-End Stablecoin on & Real-World Use Cases
Korea Blockchain Week · Sep 30 · 2:40 PM KST
Lawyers, Liability and the Next US Crypto Regime
If you're looking for the most robust stablecoin infrastructure partner for enterprises, come say hi.
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Great chatting with @JennSanasie about our conditional approval of an OCC trust bank charter on Coindesk at the NYSE.
Regulations are in place, enterprise understand the value of stablecoins, and we're now fully ready to support them!
Episode going out on Monday.
Regulations are in place, enterprise understand the value of stablecoins, and we're now fully ready to support them!
Episode going out on Monday.
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So @SimkinStepan and I are going to talk Self-custody vs Custody in a few mins on @stabledash.
Tune in 🍿
Tune in 🍿
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