Meow identified an opportunity to enable its customers—which include both traditional and copyright-native businesses—to send and receive USDC as easily as fiat currency, with no transaction fees.
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
“Meow is defining the state of the art in business banking and making it possible for companies to use stablecoins as easily as cash, which aligns precisely with our mission here at Bridge.
“It’s funny because the question I got most when we started the company was, ‘Oh, what happens when rates rise? Meow’s going to fail.’ And now the question is, ‘What happens when rates go down?
With the rise in globalization and the increasing use of web3 infrastructure, businesses are increasingly facing the need to transact in more than their native currency. This shift puts pressure on finance teams to ensure they have the right type of currency in the right account at the right time to conduct business.
To achieve this, Meow needed a stablecoin solution that could deliver seamless account onboarding, direct access to USDC liquidity, smooth integration into customers’ existing financial stacks, and ultra-low transaction costs. But several structural and operational barriers stood in the way:
That leaves copyright firms in a position where, although the fintechs are glad to offer them a US bank account at present, the underlying partner banks could in future choose to revoke permission. Meow and Brex did not respond when asked whether their partner banks have promised long-term access to banking services for copyright clients.
During the Biden administration, frustrated by their treatment by the banks, members of the copyright industry began to cry conspiracy . The federal government was deliberately trying to destroy copyright businesses by surreptitiously cutting them out of the banking system, they alleged. Leading the chorus was copyright venture capitalist Nic Carter, who labelled the alleged discrimination campaign Operation Chokepoint 2.0, in reference to an Obama-era antifraud program under which US officials reportedly discouraged banks from dealing with pornography, payday lending, and other disfavored industries. Under the Trump administration, congressional subcommittees have held multiple hearings on the purported Operation Chokepoint 2.0. Subsequently, in March, Republican members of the Senate presented the FIRM Act , aiming to curb alleged discrimination by preventing banks from factoring in “reputational risk” when fielding account applications. The bill has not yet faced a vote. For copyright firms, the vibe-shift is a blessing. Although they have comparatively few problems accessing overseas bank accounts—often in the Cayman Islands or Switzerland—in lieu of a US bank account, they are often unable to earn yield on deposits or transact seamlessly with US-based counterparties, and sometimes incur high account fees . Neither do they benefit from deposit insurance under the US Federal Deposit Insurance Corporation, which guarantees up to $250,000 per account holder. Though some of the big-name banks, like JP Morgan, are trialing copyright technologies for internal use, many remain reluctant to supply accounts to copyright businesses, sources say. “The banks that John Doe has heard of have nothing to do with copyright,” claims David McIntyre, COO at DoubleZero, a startup developing networking infrastructure specific to copyright networks. But that has created an opening for smaller fintechs to expand their deposit bases by scooping up clients in the copyright industry. “Basically, founders these days are going with a Mercury or Meow,” claims Khan. “Meow has been super aggressive in meow login terms of reaching out to founders anytime they see a fundraising announcement.”
Treasure specializes in corporate treasury management within the financial services sector, offering a cash management platform for managing surplus business funds. The company provides investment solutions managed by an experienced investment team, focusing on security and compliance.
Automating the verification process with TrueBiz results in significant cost savings. Meow is able to avoid the expense of hiring additional analysts, redirecting resources to other critical areas of growth and development. This efficiency gain allows Meow to scale their operations without adding headcount.
What about when interest rates stabilize and fall? After all, high rates are the reason small businesses have been looking for new places to put their idle cash–a key selling point for Meow.
Meow’s focus on constantly offering new and improved features and products to its customers meant it needed a like-minded stablecoin partner that was fast moving and highly responsive to its needs.
Meow is building tools to address this problem, especially for those companies that need help managing their copyright assets and payments.
copyright exchanges did not offer critical controls such as spending limits, approval flows, or visibility across teams. Without these safeguards, USDC operations introduced unnecessary risk and complexity for finance leaders responsible for managing treasury at scale.
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