I'm Ashita Batra, Co-founder of Endl, building stablecoin-native business banking. $20M+ settled on-chain, live in 190+ countries, backed by 500 Global and the XRPL Accelerator by Tenity. AMA on stablecoin rails, compliance, and where crypto is actually fixing cross-border B2B!

I'm Ashita, Co-founder and CEO of Endl. We're building stablecoin-native banking infrastructure for businesses. Multi-currency accounts, on-chain settlement, cross-border payouts, and Visa-powered corporate cards, primarily for companies operating in and across emerging markets.

Most fintech treats stablecoins as a feature bolted onto fiat rails. We took the opposite approach. Stablecoins sit at the core of our settlement architecture. Fiat is what we plug into at the edges where the recipient, the regulator, or the customer needs it. That single design choice changes how everything else is structured.

Why this matters in practice: if you're running a business out of India, UAE, Indonesia, or the Philippines and you deal internationally, the legacy system is structurally broken for you. Wires take three to five days. A meaningful share of transactions fail or need reprocessing. FX is silently embedded into every leg. Stablecoin usage is already enormous in these markets, but most of it gets pushed into informal P2P channels with real fraud and KYC exposure. We're building the compliant, institutional version of what's already happening in the gray market.

A few specifics this sub will probably care about:

• Multi-chain by default. We support USDC and USDT across Ethereum, Tron, Solana, Polygon, Base, and others, with XRPL work happening through the Tenity accelerator.
• Custody model. Where appropriate, we enable self-custodial stablecoin accounts. Your keys, your money. Not a balance abstracted on a platform ledger.
• FX neutrality. No forced conversions. You hold USD or USDC if you want to hold USD or USDC. Conversion happens only when the business needs it, not as a hidden revenue layer.
• Settlement speed. Near real-time, deterministic. A supplier in Vietnam gets settled in USDC while your EUR position stays untouched.
• Compliance posture. Multi-entity structure across jurisdictions because no single regulator covers cross-border money movement end to end. FIU-IND registration, FINTRAC alignment, and active engagement with VARA in the UAE. Designed for businesses that need audit trails, not workarounds.

Where we are

• $20M+ in stablecoin settlement volume processed
• Live across 190+ countries
• $1.5M pre-seed from Iterative Singapore, 500 Global, and the XRPL Accelerator by Tenity
• Also part of 500 Global's Sanabil Accelerator

I'll be candid about the tensions this category forces you to confront. Compliance and self-custody don't always sit comfortably together. KYT and on-chain privacy don't either. The recent USDT freezes raise real questions about stablecoins as a neutral settlement asset. There are architectural decisions I'd revisit. Regulatory frameworks have shifted under us mid-build. We've worked through frozen wallets, banking partners going sideways, and the operational reality of moving real money on rails most banks still don't understand.

Happy to go deep on:

• Where stablecoin rails actually outperform SWIFT, Wise, and correspondent banking, and where they don't
• The custody question for businesses (self-custodial vs platform-held vs hybrid)
• USDC vs USDT vs PYUSD vs regional stablecoins, and how we think about issuer risk
• The recent USDT account freezes and what they mean for stablecoins as a settlement asset
• FATF Travel Rule, FIU-IND, VARA, MAS, and operating across regimes that don't agree with each other
• Why most "crypto banking" pitches miss the actual unlock
• Building a stablecoin-native company from India and what that's been like operationally
• Fundraising in this category, including what investors actually underwrite vs what they say they do
• Architectural decisions I'd unmake if I were starting again

AMA is mod approved. I'll be live on 19th May 2026 at 13:00 UTC!

We're at endl.io if you want to dig in beforehand.

We're also on Product Hunt, would appreciate your support: https://www.producthunt.com/products/endl

Our Previous AMA on r/StartUpIndia - https://www.reddit.com/r/StartUpIndia/comments/1t1j6ud/im_ashita_batra_founder_at_endl_building/

Ashita