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Eric Queathem, Co-founder at Velocity: Building the first platform for global CFOs and treasurers.
Description
Velocity is building infrastructure that connects traditional banking and stablecoins, giving global CFOs and treasury teams a way to move money across borders with more speed and control. I spoke with Eric Queathem about why stablecoins are moving into mainstream finance and how Velocity raised $18m in its first five months to build payments and treasury tools for global companies.
The Scaling Europe show is presented by Deel – check them out here:https://get.deel.com/ruynb7o4lfjk
Timestamps:
0:00 - Introduction to Scaling Europe show
0:34 - Eric discusses Velocity's mission
1:12 - Building stable coin infrastructure
2:30 - Importance of liquidity in payments
5:23 - Challenges for enterprise organizations
6:49 - Integrating payments into existing infrastructure
7:29 - Milestone of first transaction achieved
9:02 - Market readiness for new payment solutions
10:45 - Innovative treasury services discussed
12:07 - Importance of team experience highlighted
13:14 - $18 million raised in first five months
15:31 - Founders' backgrounds key for investor interest
16:19 - Understanding wallets: hot vs cold
17:13 - Transitioning from building to selling
19:30 - Future of stable coins in finance
21:27 - Fortune 2000 companies adopting on-chain solutions