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Facundo Werning
@werningfacundo
Latam @withAUSD | Prev: @tether_to & @worldcoin | Low-information environments.
2.3K Following    1.2K Followers
You either die a fintech or you live long enough to see yourself become a bank.
Stablecoins are the next chapter for the global dollar. Invited to the @NYSE today to chat GENIUS and banking groups who are seeking to slow things down with @CoinDesk.
In 2022 I'd dropped of college recently (with a full-time job). A little later I had an offer to work at Tether and another to work in IB at JPM. I'm pretty sure my dad would've been a little more thrilled to see me go into banking than work remote for a crypto company. I was totally convinced stablecoins were the future and took the Tether job -- anyways, now a couple years later at Agora we just announced we're filing for a bank charter with the OCC. "All roads lead to Rome."
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Today @withAUSD filed with the OCC. When you work with Agora, you get access to the bare metal. We believe in building out the infrastructure and doing hard things, all the way, so we can serve our customers with a full-money stack. Above all, we want to help our partners win.
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Today, @withAUSD filed its application for Agora National Trust Bank with the Office of the Comptroller of the Currency. Securing this charter would enable Agora to operate in the United States under a unified federal framework and expand its product suite beyond stablecoin issuance. In a few months, Agora will hit its two year anniversary of operating its stablecoin issuance business. Recently, however, we've been heads down to prepare for launching a suite of feature-rich products that go beyond simply issuance. More on that soon. We've long believed that if you want to change the world you need to do the hard things and be the metal. That's why we started with our own stablecoin and it's why we're aiming to secure a bank charter. We recognize the importance of a direct relationship with regulators and management over the infrastructure. Without it, your ceiling is someone else's floor. We're determined to own the entirety of the rails, because you either are the metal, or you lose.
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Today, @withAUSD filed its application for Agora National Trust Bank with the Office of the Comptroller of the Currency. Securing this charter would enable Agora to operate in the United States under a unified federal framework and expand its product suite beyond stablecoin issuance. In a few months, Agora will hit its two year anniversary of operating its stablecoin issuance business. Recently, however, we've been heads down to prepare for launching a suite of feature-rich products that go beyond simply issuance. More on that soon. We've long believed that if you want to change the world you need to do the hard things and be the metal. That's why we started with our own stablecoin and it's why we're aiming to secure a bank charter. We recognize the importance of a direct relationship with regulators and management over the infrastructure. Without it, your ceiling is someone else's floor. We're determined to own the entirety of the rails, because you either are the metal, or you lose.
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Buenos Aires showed us what's possible when the right people are in the same room. Proud to have co-hosted a dinner with B2C2 at Payments Day 2026. Great conversations with market leaders on stablecoins, payments, and what it's going to take for LatAm to break through. The momentum here is real. 🇦🇷
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Stablecoins are not interchangeable. 3 CEXs hold 36% of supply. Idle balances cost enterprises money. @withAUSD's @werningfacundo explains the infrastructure gap in our Dollar Supremacy report. Get this and more insights in our latest stablecoin report 👇
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Someone *tried* to steal my phone recently. The best time to set-up cloud, backups, and recovery was yesterday -- next best time is today.
What are the odds this 404ing (multiple posts about it all day) is a PR play?
Anti Fund is hiring a Senior Investment Associate. Join @geoffreywoo @jakepaul @loganpaul and help us identify the rebels building tomorrow's category-defining companies. Apply:
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Having an issuer that freezes funds ASAP is a gray-swan competitive advantage. Just stay alive.
Once you start thinking about life in terms of payoff space versus proving space you can't stop seeing it everywhere.
Institutional assets are coming onchain at a rapid pace, enabled by stablecoin liquidity. @xStocksFi chose AUSD for their debut on Ethereum, and we're thrilled to continue partnering with the leading teams in onchain capital markets!
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Extremely scary if you're Whatsapp. Every single team that wants to build for SMB-type devs (super common automation cycles with whatsapp business, automated responses, etc) should probably be very obsessed with getting better LLM SEO.
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Did some work for a MBB firm a few months ago and they're paying in stablecoins. Really cool stuff.
The attraction that some MBAs have to the idea of supposedly diversified sources of revenue has choked out golden gooses and killed companies.
My main usecase for email at this point is identity verification.
Speaking with family, apparently a lot of people are sharing paid OAI accounts between a whole family. Probably means they could be getting more value and being convinced to pay for individual accounts, but probably actually means OAI should look at this as a growth vector.
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I have a crippling inability to bring myself to care about my birthday.