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.
Meow Technologies is a financial technology company offering business banking solutions through its partner banks with free wires and ACHs.
“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?
Arvanaghi and Crawford’s timely decision to exit copyright and enter T-bills spared them from getting burned in the copyright meltdown of 2022. But it placed Meow squarely in the middle of the highly competitive niche of banking services for startups and small businesses.
. "Their intelligent controls and automated solutions have allowed us to continue scaling thoughtfully, knowing that we have robust fraud detection in place in addition to our existing processes.
Treasure's services cater primarily to businesses looking to manage their idle meow com cash effectively. It was founded in 2018 and is based in San Francisco, California.
Meow’s going to fail,’” muses Arvanaghi. But having survived one near-death experience in copyright, he’s ready to run whatever plays are needed. “I'm going to play football and we're going to win.”
“Before, it was a pain,” said Arvanaghi. “You had to manually map the USDC transaction to a dollar transaction in your ERP. Now it’s all in the same place and we have a one-click integration with your copyright instance. So it’s all done for you.”
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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.
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And in 2024, the company hit profitability and tripled its customer accounts. “Some of the biggest copyright companies in the world are using Meow right now,” said Arvanaghi.
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“Meow is really meant to be the curation and then the steering through technology of being able to move money between options,’’ he adds.