what's The Better Money Company?
The Better Money Company is a stablecoin clearinghouse that enables low-cost, efficient exchanges between different USD-backed stablecoins. Founded by Sam Broner, a former a16z crypto investor with deep stablecoin expertise, and Adam Zuckerman, ex-general counsel at Eigen Labs, the company provides infrastructure for institutions to swap compliant stablecoins like those issued by Paxos, Stripe's Bridge, and MoonPay without the slippage and fees of open-market trades. By centralizing clearing and settlement, Better Money allows companies to own their payment rails, integrating programmable stablecoin flows directly into software applications. This reduces intermediaries, lowers costs to fractions of a cent per transaction, and supports the next era of programmable money, where businesses can customize liquidity and payments akin to coding other systems.
Better Money Company partners with Ramp, Bastion, Modern Treasury for stablecoin clearinghouse.
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x.com/bettermoney_coRaised $10M for stablecoin clearinghouse, partners with Ramp, Bridge, Bastion, Modern Treasury for cheaper token swaps.