Signal
Writing from Iris.
- 3 min read
Why Iris settles in a regulated dollar stablecoin
Telecom operators built the roads the digital economy runs on. As they find new ways to earn from those networks, a question lands on the finance team's desk: what happens to the money once it’s earned? Operators collect revenue in local markets, buy goods and services across borders and keep enough local currency on hand to run the business. The currency in which a new revenue line settles affects what the operator can do with it. When we launched Iris, I wrote about the imbalance behind that
- 4 min read
You Built the Roads. Everyone Else Built the City.
Today Iris comes out of stealth. It's a financial network that lets telecom operators earn on the infrastructure they already own. VIVA, a licensed carrier in Bolivia, is the first operator live on it. Here's why we built it. Every tech company success story you can name from the last twenty years reached its customers over infrastructure it did not build. Search, social, advertising, streaming, marketplaces, cloud, payments, financial services. Every one of them found its first hundred millio