TLDR Tech / Crypto
Slash Reaches $1B in Annualized Stablecoin Volume
Slash reached $1B in annualized stablecoin volume within 12 months by targeting international SMBs locked out of US dollar infrastructure – specifically businesses generating $50K–$500K annually that cannot justify US entity formation costs. Traditional international banking costs an SMB processing $50K/month and roughly $87K/year in fees with multi-day settlement. Slash delivers 2-minute finality at approximately $2 per transaction. It leverages a three-layer stack: USDC/USDT as the USD rail, Alchemy-powered gas sponsorship, and embedded fiat on/off-ramps covering PIX, ACH, and Stripe.
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