Monthly Insights August 2026: Social platforms prove the power of a strong bank core
August newsletter: How we built our banking core to handle scale, and social platforms prove it. Plus, why retailers are giving away valuable parts of their customer relationships. Attending Stablecon in DC next month? Let's meet.
SPOTLIGHT
Our CTO on building our bank core for social platform scale
When word got out that we power finance for social platforms, everyone asked: how? Joel McCormick shares how his team put even more power into our proprietary bank core. Read more >
Related: Last month, we announced we're powering X Money—the first P2P payments experience built into a U.S. social media platform, with FDIC-insured, interest-bearing accounts, a Visa debit card, and broader payment capabilities. Read the news >
VIEWPOINTS
The wallet is the new branch
Financial distribution is shifting from accounts to wallets. The account doesn't die; it becomes infrastructure. Behind one wallet can exist deposits, stablecoins, e-money, and credit lines.
The financial relationship retailers keep giving away
Most retailers invest heavily in customer acquisition and loyalty programs, but they're handing off the financial relationship to third parties, and with it, the insights and conversion advantages that come from owning the customer's payment experience.
Upcoming events
Stablecon - September 9 - 11 | Washington, DC
Our team will be in DC meeting industry colleagues throughout Stablecon. Catch our CEO & Founder, Gilles Gade's keynote on trust infrastructure for agentic commerce, plus sessions from our Chief AI Officer, Pravesh Rijal, and Head of Onchain Finance, Luca Cosentino. Attending? Let's connect.
LoanPro Salt Flats Summit - September 16 - 18 | Salt Lake City, UT
Our team will be attending to connect with lending infrastructure leaders and discuss the future of embedded credit. Let's connect if you'll be there.
