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.@rooqster once asked a strange question: how much is the biggest bank in Jordan worth? Billions, it turned out. For one small, growing country. He wasn't building a bank in Jordan. He was sizing something bigger: a $100 billion market of companies running on stablecoins, with no way to actually move their money. If a country like Jordan could support a multi-billion-dollar bank, a whole global economy running on stablecoins could support something far bigger. That bet became @raincards,…
Mario Gabriele@mariogabrieleAug 18
"Money quantifiably is larger than AI. It's larger than food. It's larger than oil and gas. It's larger than municipal water supplies, government spending, defense. It's all of these combined." @rooqster is the co-founder of @raincards, a $1.95 billion company building financial infrastructure that lets businesses issue cards, extend credit, and settle payments using stablecoins instead of traditional banking rails. He believes the market for moving money is too large for any single company, including Stripe, to capture alone. (2:46) An overview of Rain and global-first financial infrastructure (18:46) The economic opportunity of a more efficient monetary system (22:06) How Farooq’s childhood as an immigrant shaped him (29:11) Lessons from Farooq’s career before founding Rain (42:18) Why Rain bet on stablecoins (54:30) Rain’s approach to hiring and management (1:05:54) Rain’s most critical mantras (1:12:30) Final meditations Thank you to the partners who make this possible @brexHQ: The intelligent finance platform: https://www.brex.com/mario
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