Launching a Stablecoin Went From a $100M to a Dollar: Ben Milne on Stables & Agentic Commerce Shoal Signal Ep. 18 with @bpmilne, founder and CEO of @brale_xyz, hosted by @zaddycoin We cover why protocols are now a better tool for the job than a relational database, how a custom stablecoin cuts a payments company's costs and earns revenue at once, standing up a neobank on Brale's APIs in three hours, and why agent commerce will outnumber human commerce. 0:00 Why money moves to protocols 1:18 Intro and Ben's background 2:47 The card fees that led to Dwolla 4:16 Basis Theory and protecting data 5:26 The internet as the payment rail 6:54 Clearing and settlement on new protocols 8:40 Why payments companies love stablecoins 10:22 Where value accrues once barriers fall 13:28 What Brale actually does 14:34 Use cases from Coinflow to Rain 18:37 A neobank in three hours in Cursor 20:00 Millions of stablecoins and the liquidity divide 21:13 What makes a stablecoin high quality 25:08 Agent commerce outnumbers human commerce 27:00 Edge compute for money 29:57 What protocols mean for Visa 34:09 Gating an inbox with x402 38:14 Serving demand and rebuilding onboarding 40:17 Why Brale supports 27 chains 43:58 What a new builder should work on 47:03 Where the alpha is