Fritz Charles (@fritzchain) profile picture

Stablecoin PM

Joined May 2010
Photo by Fritz Charles (@fritzchain)Photo by Fritz Charles (@fritzchain)Photo by Fritz Charles (@fritzchain)Photo by Fritz Charles (@fritzchain)Photo by Fritz Charles (@fritzchain)Photo by Fritz Charles (@fritzchain)Photo by Fritz Charles (@fritzchain)Photo by Fritz Charles (@fritzchain)Photo by Fritz Charles (@fritzchain)Photo by Fritz Charles (@fritzchain)
Should the the N-A-S lane
🚗 Major milestone on the Van Wyck Expressway in Queens, NY! The new HOV lane is OPEN to vehicles with 2+ occupants! Today, NYS announced the completion of major work on the $1.4 billion project that helps reduce congestion and improve airport access. 🔗bit.ly/47D1M2l
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Replying to @NYCParks
@NYCParks @NYCParks This American elm in front of my Brooklyn home was designated a “Great Tree of New York City” in 2024. Today it broke and fell onto my home, causing significant damage. Was this tree inspected when it was designated, and when will Parks respond? I filed 311.
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Already being addressed, thank you @NYCParks
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This is real? Can’t be.
Just in on @SportsCenter -- Boston sends Jaylen Brown to Philadelphia for Paul George and picks in a stunning blockbuster between East rivals:
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Knicks are champions. Been a fan since 1991. Never thought I would see the day. Brunson for Mayor, Governor, and President.
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Fritz Charles retweeted
NYC is full of people who should be founding generational companies. But unlike the Valley, our culture doesn't inspire irrational, ambitious swings. So I’m launching HOMERUNS: a hands-on sprint to help NYC builders go from crazy idea → v1 → company in 6 weeks👇
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Fritz Charles retweeted
Circle’s $USYC Overtakes Securitize’s Tokenized $BUIDL in Market Cap. $USYC is now the largest tokenized T-Bills on the market, reaching a $1.7B market cap.
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Every PM should be using Claude Code. So I built a HUGE course for you to learn Claude Code... IN Claude Code! 🔹 Complete guide 🔹 Make PRDs, analyze data, create decks Soon, I'll sell it for $149. For the next 24h: FREE! Follow + RT + comment "CC" & I'll DM it.
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I built an analysis of the 50 best and WORST industries for acquisition in 2025. 50 industries. 20 factors. one ranking per industry. To get a copy of the analysis, RT and comment "industries"
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Fritz Charles retweeted
We just launched @arc at @circle — here’s the TL;DR of the Litepaper in 5 points you’ll actually care about 👇 1️⃣ Stable fees in USDC – You pay transaction fees in USDC, so costs stay predictable and don’t jump around like other traditional crypto gas fees. 2️⃣ Final in under a second – Once a transaction is confirmed, it’s instantly locked in and can’t be reversed - in less than a second. 3️⃣ Privacy with compliance – Keep sensitive details hidden, but still share with regulators or auditors when required. 4️⃣ Move stablecoins anywhere – Send USDC and other stablecoins instantly across many blockchains using CCTP + Gateway. 5️⃣ Fast and built to scale – Handles 3,000+ transactions per second today, aiming for 10x that speed. Exciting times ahead!
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Fritz Charles retweeted
Architected for stablecoin finance Today, we’re unveiling @Arc: a new blockchain purpose-built for the era of stablecoin finance. But first, my own story. I grew up in Venezuela, where money didn't hold its value. Overnight, hyperinflation could wipe out your savings. You saw the photos, suitcases of cash for paying at the supermarkets. Amidst this chaos and uncertainty, crypto emerged as a lifeline. While much of the world saw Bitcoin and crypto as hype-prone assets with yet-determined utility, we recognized what they truly offered: freedom. Crypto was our way to preserve value. Our way to send money to loved ones. Our way to plan for our future and that of our families. In short, crypto was our way to opt out of a system that no longer worked in our favor. My experience in Venezuela shaped everything for me. It instilled in me an unwavering belief in the promise of crypto as a real alternative to insufficient financial infrastructure. For the last eight years, I’ve worked at @Circle to bring that promise to life by growing USDC to be one of the most widely-adopted stablecoins in the world. Along the way, one thing was always clear: stablecoins alone were just the beginning. Partners seek a way out of the burden of the banking hours cutoff of available payment systems. Developers want a home for their stablecoin applications. Institutions feel the pain of volatile gas fees and lack of privacy controls beyond POCs. We see the opportunity beyond just stablecoins, to stablecoin finance. An ecosystem purpose-built to offer developers, institutions, and builders the most impactful access to build with stablecoins. We have always known the dawn of StableFi was inevitable, but the timing wasn’t right. Until now. Arc is an open L1 blockchain built from the ground up to supercharge what stablecoins unlock: ✔️Fast, global payments ✔️Onchain FX and 24/7 settlement ✔️Institutional trading settlement without cumbersome intermediaries ✔️And whatever else tomorrow’s developers can envision This is stablecoin finance — StableFi. Optimized for trust, usability, and scale, this is a world where money is designed to maintain stable value, flows seamlessly, and is accessible to anyone, anywhere. Whether you’re building a remittance service in Lagos, a savings app in Bogotá, or an FX trading platform in London … Arc is built for you. Arc is made up of many stablecoin components and features we at Circle have envisioned over the years, now in one place: ✅ Built for USDC, and other USD and non-USD stablecoins ✅ EVM-compatible, with fast sub-second finality and low predictable fees ✅ Designed for opt-in privacy ✅ FX-engine for built in liquidity For me, Arc is personal. For you, we’ve built it so you have a stablecoin home. Even with all the innovation over the last decade, we are only just starting to experience the promise of stablecoin finance. It is the connective tissue between crypto’s ideals and the financial system our world needs. Public testnet is coming this fall. If you’re building StableFi, come build with us. It’s time.
Introducing Arc, an open Layer-1 blockchain purpose-built for stablecoin finance. From payments to FX to capital markets, Arc is the home for builders innovating with digital money and tokenized value on the internet. Stablecoins have shown us what’s possible. They’ve powered trillions in onchain transactions and unlocked a faster, more open financial system. Arc is designed to provide an enterprise-grade foundation with the performance, reliability, and liquidity needed to scale stablecoin use cases worldwide. Featuring: ✅ USDC as native gas ✅ Built-in FX engine ✅ Deterministic sub-second finality ✅ Opt-in privacy ✅ Full Circle platform integration At its core is Malachite, a high-performance consensus engine developed by @informalinc that powers Arc with safety, liveness, and resilience at scale. Arc expands the design space for stablecoins by uniting speed with certainty and delivering the native tooling needed to meet real-world business obligations. Open and composable, Arc is designed to interoperate seamlessly with the broader multichain ecosystem. Fully EVM-compatible, developers will be able to build on Arc using the same frameworks and tooling they know and trust. Together, we’re laying the foundation to move stablecoin finance from early adoption to globally trusted infrastructure. Arc will enter private testnet in the coming weeks, with public testnet expected this fall. Read the litepaper → arcnetwork.xyz/litepaper Join us in building the new internet financial system → arcnetwork.xyz
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Fritz Charles retweeted
Introducing Arc, an open Layer-1 blockchain purpose-built for stablecoin finance. From payments to FX to capital markets, Arc is the home for builders innovating with digital money and tokenized value on the internet. Stablecoins have shown us what’s possible. They’ve powered trillions in onchain transactions and unlocked a faster, more open financial system. Arc is designed to provide an enterprise-grade foundation with the performance, reliability, and liquidity needed to scale stablecoin use cases worldwide. Featuring: ✅ USDC as native gas ✅ Built-in FX engine ✅ Deterministic sub-second finality ✅ Opt-in privacy ✅ Full Circle platform integration At its core is Malachite, a high-performance consensus engine developed by @informalinc that powers Arc with safety, liveness, and resilience at scale. Arc expands the design space for stablecoins by uniting speed with certainty and delivering the native tooling needed to meet real-world business obligations. Open and composable, Arc is designed to interoperate seamlessly with the broader multichain ecosystem. Fully EVM-compatible, developers will be able to build on Arc using the same frameworks and tooling they know and trust. Together, we’re laying the foundation to move stablecoin finance from early adoption to globally trusted infrastructure. Arc will enter private testnet in the coming weeks, with public testnet expected this fall. Read the litepaper → arcnetwork.xyz/litepaper Join us in building the new internet financial system → arcnetwork.xyz
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The videography at the @clipse concert was amazing
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Today, we are announcing the launch of Circle Gateway on testnet for @avax, @base, and @ethereum. Circle Gateway allows users to hold a unified USDC balance across multiple chains and use it instantly on any supported chain, without needing to bridge or rely on external liquidity. To start building, watch a quick demo by @bleso_a, clone the quickstart linked below, and explore our developer docs to learn more.
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Fritz Charles retweeted
Who's building the AI scribe for patients? - Record doctors visit on your phone - Deepresearch agent for finding stuff patients want (side effects, specialists for 2nd opinion, clinical trials, therapies etc all using your visit as context) - group chat for caregivers/family
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Fritz Charles retweeted
The Senate’s passage of the GENIUS Act marks a historic moment for the future of money. We commend Senators on both sides of the aisle for working together to craft pragmatic, bipartisan legislation that supports innovation while protecting consumers and preserving the strength of the U.S. dollar in the digital age. Since 2021, Senate and House committees have held extensive hearings and markups on stablecoin legislation and the GENIUS Act is the product of those deliberations. We urge the House to act without delay and send this critical bill to the President’s desk so it can become law. circle.com/blog/u-s-senate-p…
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Replying to @Spotify
@Spotify your app on @Tesla isn’t working for the last month, I’ve tried everything (logging out, rebooting the Tesla dashboard) nothing is working . Every track plays for 4 minutes then stops. It’s super frustrating, I’m thinking of ending my subscription after 8 years
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Fritz Charles retweeted
Shopify is turning on USDC payments for millions of merchants. On by default. Merchants don't have to think. They get paid in local currency (or can keep USDC). Seamless and invisible. Stablecoin acceptance is becoming the standard.
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Fritz Charles retweeted
As I grow I want my fans to grow with me information is power !! @jerallaire @KashRazzaghi @ddisparte
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Fritz Charles retweeted
Yesterday, @Circle officially went public on the NYSE as $CRCL, and I could not be more proud of this moment. More importantly, I am so proud and so deeply grateful for the incredible team of Circler’s, our partners, and everyone who’s helped us get here. Circle aspires to be one of the most important internet platform companies of our time, an infrastructure that the world can build upon. In that spirit, I want to especially thank the massive number of users and developers who have worked alongside us — building thousands of products and services that integrate with our stablecoin network — and who are essential contributors in the development of this new internet financial system. We have just gotten started in executing our ultimate mission and vision, and this transition into a public company is an inflection point for us as we move from the early adopter phase of this technology to widespread mainstream acceptance. From the Opening Bell at the New York Stock Exchange, to the Closing Bell at Circle HQ in Freedom Tower, I am grateful for the support of so many who support and stand with us and who have been critical to getting us to this point. THANK YOU Jeremy
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