Stepan | squads.xyz Profile picture
Jul 22 1 tweets 2 min read Read on X
A lot of motion in this release, so I need a few bullet points:

1. If you used stablecoins for B2B payments before, you probably operated at least three systems at once (a wallet, an on/off-ramp and a bank account).

Reconciling them was always a mess and a giant pain for your accountant. During the last crypto cycle, an entire category of middleware companies emerged to provide a subledger between onchain balances and ERP systems.

With Altitude, you keep your balance in stablecoins, make onchain and bank payments, use cards and bill pay and now sync everything directly into your ERP.

No additional subledger.

2. If you have always operated in fiat, you now have a global business account available in 150+ countries, with access to multiple onchain and bank rails, corporate cards, and a direct ERP integration.

Every transaction is reconciled in one place, whether it happened through fiat, stablecoins, bill pay or a card.

3. Personally, my favorite part. Altitude runs on Solana, so we are indexing its relevant onchain activity (thanks, @mert), enriching it with the necessary financial data and syncing it straight to QB.

It’s a good metaphor for our evolution as a company. From building onchain infrastructure to connecting it directly to real world financial workflows that help businesses manage money, whether they consider themselves crypto companies or not.

4. This is the third deployment of Altitude Agent.

Here, it learns how you categorize transactions and begins suggesting categories automatically so you as an operator - do less.

5. Our in house creative team spearheaded by @thenouxnoux, is clearly doing great work.

They somehow made accounting feel bold, exciting and full of energy.

6. After payments and cards, accounting was the next infinity stone we needed to collect.

It closes the loop and lays the foundation for e2e agentic workflows that execute, reconcile and sync themselves to your books.

7. The Accountant 1 and 2, are surprisingly good movies, though they weren’t helpful in making this launch possible.Image

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