How Rain Grew To A $2B Company | Charles Yoo-Naut

Bullish:

• $STABLES - Massive growth potential for stablecoins with 100x-10,000x user growth expected as financial system becomes increasingly tokenized

  • “I was looking on Twitter, someone said, like, 1% of US dollars are, like, now stablecoins. So that's, like, still, like, a 100 x growth is still possible from from where we are now.”

    Charles·0:00

  • “And I would say there's probably in terms of actual users, even more, probably a 10,000 x growth that Yeah. Is gonna come from here.”

    Charles·0:10

  • “So more and more of the financial system is gonna become tokenized. That's, like, inevitable to to Farooq and I, and we're just here to to help empower that.”

    Charles·0:18
• $INFRA - Stablecoin infrastructure companies positioned to capture value as traditional fintech transitions to blockchain rails for efficiency gains

  • “We feel like the blockchain is our best chance of upgrading the global financial rails, and and we're helping to do that.”

    Charles·2:31

  • “A lot of existing money movement flows that wouldn't be faster, cheaper to happen in in stablecoins.”

    Charles·3:12

  • “I think Ramp will eventually move to stablecoin rails.”

    Charles·24:48
• $SOL - Strong demand and excitement for Solana-based applications and infrastructure

  • “We're seeing a lot of excitement for, I mean, Solana based Avalanche, like, because we're big partners of Avalanche. So we got a lot of interest in Avalanche.”

    Charles·23:35
• $AVAX - Growing interest in Avalanche ecosystem with RAIN as a major partner

  • “We're seeing a lot of excitement for, I mean, Solana based Avalanche, like, because we're big partners of Avalanche. So we got a lot of interest in Avalanche.”

    Charles·23:35

Bearish:

• $TRADFI - Traditional financial infrastructure becoming obsolete due to inefficiencies and high collateral requirements compared to stablecoin settlement

  • “But under the hood, there's you know, for every dollar you're sending, there's, like, $3 that are, like, prefunded somewhere. Yeah. There's, like there's a lot of inefficiencies that you can, improve with stablecoins”

    Charles·25:42

  • “A traditional issuer has to hold, like, four days of reserve, as collateral with the card network to handle long weekend settlement.”

    Charles·27:36

  • “A lot of it has just been layers on top of a really 50 old banking cores that that still move money through, like, mainframes.”

    Charles·29:13
• $INTERCHANGE - Interchange fees likely to compress over time as merchants demand lower costs and faster settlement

  • “I would say interchange is gonna get compressed over”

    Charles·23:55

  • “merchants are are really upset about how much they have to pay with with interchange. There's there's constant litigation to to bring that down.”

    Charles·23:12