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Today's Highlights

• Pebble - managing finances without a bank
• Blockchain jobs - a listing of fresh jobs related to web3/blockchain/crypto.
• In Other News - a few interesting developments we're tracking.

Pebble - managing finances without a bank

Pebble was founded to introduce a new standard to personal finance. One of their biggest advantages is that Pebble isn't a bank. They're something better. Through Pebble's digital wallet, users can earn 5% APY rewards on their money and unlimited 5% cash back at their 56 partnered merchants. These include Amazon, Uber, AirBnB, Adidas, Chipotle, and more.

When money is deposited into Pebble, they convert it into a US dollar denominated blockchain-based currency called USDC. Then, they lend it out to highly regulated financial institutions. USDC, created by Circle and Coinbase, is asset backed 1 to 1 — meaning for every USDC there is a dollar equivalent in its reserves. USDC not only has the majority of their reserves managed by Blackrock, but has also passed every monthly audit from Granton Thorton. USDC's technology empowers the fastest and cheapest global transactions, so many of the world's largest financial institutions are willing to pay more to access them.

Pebble also includes a full-suite of features that innovates on the daily financial needs of the customer. Within the app, the customer can seamlessly pay, track, and manage bills just by snapping a picture of it. They will receive a debit card made in collaboration with Mastercard with full budgeting controls. Lastly, customers will be rewarded with their unique loyalty points (called Pebbles) for everything the customer does.

Sahil Phadnis and Aaron Bai are the co-founders of Pebble. They have raised a total of $6.2M in funding.

💡 Blockchain Jobs

In Other News