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Nara
@nara_usd
Credit for the Digital Era โŒ›๏ธ | ๐…๐— ๐ฌ๐ž๐ญ๐ญ๐ฅ๐ž๐ฆ๐ž๐ง๐ญ๐ฌ ๐’‚๐’” ๐’‚๐’ ๐’Š๐’๐’—๐’†๐’”๐’•๐’‚๐’ƒ๐’๐’† ๐’‚๐’”๐’”๐’†๐’• ๐’„๐’๐’‚๐’”๐’” Backed by @YZiLabs
47 Following    1.4K Followers
$194 trillion flows across borders every year. Projected to hit $320 trillion by 2032. DeFi's total TVL? Around $90 billion today. The opportunity isn't inside crypto. It's the $190+ trillion that hasn't touched it yet. That's the market @nara_usd is built for.
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Thanks @yzilabs and @EASYResidency for the shout out! We're tremendously grateful for the opportunity to put a spotlight on Nara ๐Ÿ™๐Ÿป Watch below as our co-founder @JKronbichler shares more.
Slow cross-border settlement can tie up trillions of dollars in pre-funded accounts, leaving fintechs to choose between idle liquidity and delayed payments. @nara_usd turns pre-funding into a credit line: > Fintechs draw 24/7 and pay interest only on utilised capital; undrawn liquidity is held in T-bills > Financing income powers NaraUSDโ€™s 10%+ target yield, backed by a 14-day asset duration and DeFi composability The team reports $20M committed for its September public launch. Catch @JKronbichler at EASY Residency S4 Demo Day.
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Taking a moment to reflect back on my time in Bhutan, now that Iโ€™ve settled back into my regular back home in Hong Kong. Bhutan is sometimes referred to by its moniker, โ€˜the land of happinessโ€™, they measure GNH (Gross National Happiness) as opposed to GDP like most other countries. GNH treats economic production as just one small piece of overall human flourishing versus pure economic output. There are various metrics that are taken into account, but the core philosophy is that balance, well being and sustainability equate to national success. What drove home the concept of balance was the fact that Bhutan has embraced digital innovation in integrating @Binance pay into its financial infrastructure, yet this was juxtaposed with how every shop and restaurant still manually wrote down every single sale in a note book, which serves as their ledger. Bhutan is balancing digital innovation, but safeguarding the traditions and the very foundations it is built upon. You look around and you see houses with traditional Bhutanese style window frames and exterior, but inside the house, itโ€™s decked out with all the latest modern devices. Looking through the lens of digital payments, this has undoubtedly had a positive impact on the way business is conducted there, itโ€™s made business owners and every day peopleโ€™s livelihoods better. Itโ€™s a value add facilitation, rather than existing at the cost of everything else, identity, character, tradition etc. Perhaps theyโ€™ve come up with the winning formula to navigate a rapidly changing world, without having to compromise whatโ€™s important. Once again, thank you @cz_binance, @ellazhang516 and the @yzilabs team for hosting @Easyresidence in Bhutan, it was definitely eye opening ๐Ÿ‡ง๐Ÿ‡น๐Ÿ™
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Closing out @EASYResidency S4 in Bhutan with @yzilabs and a few words from our co-founder & CEO @JKronbichler ๐Ÿ’ญ
We're building @nara_usd to move capital at stablecoin speed which means onboarding can't be where everything slows down. With @KeyringNetwork, users bring KYC they've already completed elsewhere. Compliant by design, without the friction. ๐Ÿค
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@nara_usd ๐Ÿซถ @KeyringNetwork Nara will be using Keyring's permissioning infrastructure as a key component of their platform. We're excited to be working with the Nara team as they build the future of stablecoin finance.
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โ€œThe most important quality of a founder is resilience.โ€ โ€” @cz_binance at @EASYResidency S4 Demo Day During his fireside with @ellazhang516, CZ shared a principle that has stayed with him since his 20s - and guided him through every cycle and challenge: When you reach lifeโ€™s lowest valley, keep walking. The pressure will ease. You'll adapt. Solutions will emerge. Eventually, you find your way out.
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We're building Nara to move capital at stablecoin speed, which means onboarding can't be where everything slows down. With @KeyringNetwork, users bring KYC they've already completed elsewhere. Compliant by design, without the friction. ๐Ÿค
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@nara_usd ๐Ÿซถ @KeyringNetwork Nara will be using Keyring's permissioning infrastructure as a key component of their platform. We're excited to be working with the Nara team as they build the future of stablecoin finance.
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Our co-founder & CEO @JKronbichler with @cz_binance at @EASYResidency S4. Jakob captures it nicely in one line: stablecoins should fund the real economy๐ŸŒ. Backed by @yzilabs. Live in September ๐Ÿš€
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Not every day you get to share a stage & photo with @CZ_Binance. Building @nara_usd has been a bet on a future where stablecoins fund the real economy, not just trade against each other. Speaking to CZ and the His Majesty the King of Bhutan was a reminder of how far that future has already come, and how early we still are. ๐Ÿ‡ง๐Ÿ‡น
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Amazing experience being part of @EASYResidency S4, with backing from @yzilabs. Now gearing up for our September launch! ๐Ÿš€
๐Ÿ™Œ๐ŸปNara has secured a $500K pre-seed investment from @yzilabs! The investment follows our graduation from @EASYResidency Season 4 in Bhutan, where we pitched Nara to @cz_binance some of the most seasoned investors in the space, and the King of Bhutan on Demo Day. Thank you to @yzilabs and @EASYResidency for the investment, the mentorship, and the platform to build in one of the most exciting rooms in the digital assets space right now. And special thanks to @ellazhang516 for your guidance throughout all of this, your insights and tutelage has been invaluable. We're building yield-bearing PayFi infrastructure, backed by real payment & receivables flows, launching publicly this September. ๐Ÿ‡ง๐Ÿ‡น๐Ÿš€ Read more ๐Ÿ‘‰๐Ÿป
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