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YashasEdu
@YashasEdu
v2 | Writing uncomfortable truths about money, systems and what we pretend we believe
Joined February 2024
799 Following    9.6K Followers
Just pulled the day of month data on @crediblefin August first 9 days volume is already at $36.9M, which is 14× July’s first 9D and 6.4x the first 9D of May, June and July combined ($5.78M) Lifetime cumulative is already at $991M so $1B is just one settlement away. This is a strong crossborder payments business printing actual revenue at ~20bps. August seems to be accelerating before the normal big settlement window and while the China corridor is still offline. All of this at ~$13.5M mcap. $CRED looks undervalued to me. h/t to @artemis for the data
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