Rain has filed with the @USOCC to establish Rain National Trust Bank.
If approved, the bank will:
1. Provide fiduciary custody of digital assets and dollars
2. Manage reserves for permitted stablecoin issuers
3. Issue and redeem USD-backed stablecoins
Rain will stay a payments platform. It will not take deposits or make commercial loans.
Brandon Soto, former CFO of Square Financial Services and most recently CFO of Coastal Financial Corporation, will serve as the proposed President and CEO of Rain National Trust Bank.
The public portion of the application will be posted on the OCC's website shortly.
Full press release linked below.
Orlando retweeted
What Zach is building is a step closer towards the world that I want to live in.
There are screens literally EVERYWHERE. If we can take advantage of this technology while remaining present with others I will be very happy.
Everyone’s been asking what’s next after selling Cal AI.
Introducing Persona.
Others couldn’t figure out the interface, we did.
yourpersona.com/band
Orlando retweeted
Estos chicos en lugar de una tienda de kebabs deberían montar una agencia de Comunicación y Marketing 😲
Orlando retweeted
Mountain Protocol is proud to join Anchorage Digital, home to the only federally chartered digital asset bank in the U.S.
Together, we’re building the next chapter for stablecoins.
Orlando retweeted
Rain is about more than just making stablecoins spendable. It’s about rebuilding the existing financial infrastructure piece by piece, using modern rails that are more global, open, and efficient.
That’s why I’m excited to share what we’ve been working on with @Visa . Traditionally, card issuers are limited to settling with card networks during banking hours. That means no settling on the weekend, no settling at night and definitely no settling on a holiday. This introduces unnecessary capital inefficiencies and operational burdens that ultimately affect end users.
That’s now no longer the case.
Today, we are announcing that Rain has been settling with Visa in @USDC, 7 days a week, 365 days a year. Rain’s proprietary settlement stack brings all authorization logic and settlement onchain, making it possible to settle in stablecoins across multiple blockchains regardless of the day or time.
With our partners @creditcoop_xyz and @humafinance, we've also brought credit card receivables fully onchain bringing more transparency, flexibility, and access to the system. In doing so, we’re launching a world first: closed-loop credit card receivable financing using stablecoins. By borrowing from and repaying capital partners programmatically, Rain is further reducing the cost of capital for credit programs while giving lenders access to superior, real-time collateral.
This isn’t just a proof of concept. It’s live, at scale, and already working.
We’re proud to be building alongside Visa as a principal member of the network helping move the industry forward.
And we’re just getting started here.
Startups building the future of finance need faster, more efficient payment rails. Rain is partnering with @Visa to settle fully onchain — unlocking 24/7 USDC settlement and tokenized credit receivables. This sets a new standard for payments in the digital asset economy.
Orlando retweeted
Waiting for the new headline: #Bitcoin "CRASHES" from $101,000 to $85,000.
Save the tweet.
Orlando retweeted
The point of a startup is to make usable technology for others. When you make software, you have to watch at least 10 people use it. Sit next to them and say absolutely nothing. Force yourself to marinate in the failure of your product design.
Every version 1 of any software will be absolutely destroyed by first interaction with users. You need to watch your new creation be absolutely misunderstood by users to reform version 1 into the one that actually works.
There is only one path: figuring out where the sharp edges, the places people get caught, the assumptions you make as a builder that turn out to be wrong, and then relentlessly sanding it down so that anyone can use it.
That is good design. That is the key to a good product. There is no shortcut for this.
WATCH USERS AND CRINGE AND THEN FIX IT.
SAND DOWN THE EDGES.
Orlando retweeted
Excited to share that Create raised a $5M Series A led by Unilever Ventures.
We'll be investing in:
1) bringing new, creatine-forward products to market
2) building a small killer team
3) expanding deeper into retail
I have a deep belief that a much higher percentage of the population should be and will be taking creatine over the coming years, and my goal is to build Create into a brand synonymous with creatine.
The Information covered the story in the commented link.
Orlando retweeted
OpenSea has received a Wells notice from the SEC threatening to sue us because they believe NFTs on our platform are securities.
We're shocked the SEC would make such a sweeping move against creators and artists. But we're ready to stand up and fight.
Cryptocurrencies have long been in the crosshairs of the SEC, and companies like @coinbase, @Uniswap, @RobinhoodApp, @krakenfx, and @Consensys have been fighting against the SEC's single-track approach of "regulation by enforcement."
But this is a move into uncharted territory. By targeting NFTs, the SEC would stifle innovation on an even broader scale: hundreds of thousands of online artists and creatives are at risk, and many do not have the resources to defend themselves.
NFTs are fundamentally creative goods: art, collectibles, video game items, domain names, event tickets, and more.
We should not regulate digital art in the same way we regulate collateralized debt obligations.
As we've built OpenSea, we've heard so many stories about the impact of NFTs on people’s lives, including:
• Student artists finding full-time careers in selling their digital art
• Indie game developers instantly enabling open markets for their in-game items, without having to build marketplaces from scratch
• Passionate collectors from different corners of the world joining new communities, all centered around shared digital ownership
It would be a terrible outcome if creators stopped making digital art because of regulatory saber-rattling. Take, for example, the suit filed against the SEC by the musician @songadaymann and conceptual artist @brianlfrye, which describes their fear that the sale of their art and music could be deemed unregistered securities offerings.
In addition to standing our own ground, we're pledging $5M to help cover legal fees for NFT creators and devs that receive a Wells notice. Every creator, big or small, should be able to innovate without fear.
I hope the SEC will come to its senses sooner rather than later, and that they'll listen with an open mind.
Until then, we'll stand up and fight for our industry.
Onwards 🌊⛵️
Orlando retweeted
There is no Fox Marvel Universe or MCU without Blade first creating a market. He’s Marvel Daddy. Please retweet for a Logan-like send off. #DeadpoolAndWolverine
Orlando retweeted
Este Lunes abriremos el segundo City Winery de Bodega Dos Hemisferios. Estará en Batán Town Center, y estoy muy contento por llevar la experiencia del viñedo a la ciudad.
Ecuador tiene un consumo per cápita por año muy bajo de vino que podría llegar talvez a 1 litro,
1/n
Orlando retweeted
Es increíble ver cómo comienzan las cosas, y sobretodo cuánto tiempo tiene que pasar para que se vayan materializando los sueños.
Las primeras plantas de uva de vino se trajeron en maletas en el 2004!
Mira el primer episodio de "Posible lo Imposible"
Bodega Dos Hemisferios
Orlando retweeted
I’m gonna give 10 random people that repost this and follow me $25,000 for fun (the $250,000 my X video made)
I’ll pick the winners in 72 hours
Orlando retweeted
I shouldn't do this, but I have zero patience and want some action over the weekend...
New Flavor: Blue Raspberry ... now available for pre-order.
Orders will ship next Friday, November 17th. First come, first serve. 20% off all orders.
These lil gummies are delicious. Who doesn't love Blue Razz? Same specs as original:
- 1.5g of creatine
- low sugar
- vegan pectin base
- New Ingredient: spirulina
Only launching this for my Twitter friends, without whom, Create would certainly not be possible.
🔗in comments from Create account
Orlando retweeted
1/ Today we publicly launch Mountain Protocol and $USDM.
Also announcing a financing round led by @nic_carter from @CastleIslandVentures with participation from @cbventures, @newformcapital, @daedalus_angels, @ameensol, @ASvanevik, @maraoz, @demibrener among others.
Orlando retweeted
Este año tuvimos un invierno como nunca habíamos tenido. El viñedo sufrió algunos daños que hizo que tengamos que posponer su apertura (que normalmente abríamos aproximadamente en Abril).
Hoy tengo una SUPER noticia que me llena de alegría. Estamos terminando las
1/2
Orlando retweeted
Cuando probé por primera vez el experimento que en pandemia hizo Juan Banovsky (nuestro enólogo), me quedé sorprendido porque el Rosé que había hecho, estaba espectacular.
Podría decir que Armonía Rosé es uno de los rosé más ricos que he probado, pero como Juan quiere
1/3
Orlando retweeted
Este Domingo por el día de la madre tenemos algo armado en el City Winery que no te puedes perder!
Miren los menús del Brunch y Almuerzo y reserven rápido que se acaba!
Reservaciones: api.whatsapp.com/send/?phone…
Bodega Dos Hemisferios
Vinos con ADN de la Mitad del Mundo
Orlando retweeted
Oklahoma plans to kill Richard Glossip on May 18. The state's own attorney general has said that this would be a "grave injustice," but other people in Oklahoma are determined to go ahead and kill him. Sound crazy? Keep reading; it gets crazier.
Orlando retweeted
Las últimas dos semanas, han sido una locura.
Pero ha llegado el momento de contarles.
@diffieteam llega este 5 de abril para conectarles con oportunidades de crecimiento profesional en blockchain y web 🚀💫
¡Acompáñanos en esta nueva aventura! 💜👇🏻
🤗 ¡Estamos de #lanzamiento! 🎉
📣 #Latam: Hoy empezamos este proyecto promocionando nuestra primer #DiffieSession.
👉 Toda la info está en la pestaña 'Lanzamiento' en nuestro Linktree: linktr.ee/diffieteam
✊ Te conectaremos con todas las oportunidades laborales en #Web3



































