Rich Teo (@rich_teo) header
Rich Teo (@rich_teo) profile picture

Co-Founder of @PaxosGlobal | #Stablecoin #BUSD | #web3 Infrastructure

Singapore
Joined November 2013
Photo by Rich Teo (@rich_teo)Photo by Rich Teo (@rich_teo)Photo by Rich Teo (@rich_teo)Photo by Rich Teo (@rich_teo)Photo by Rich Teo (@rich_teo)Photo by Rich Teo (@rich_teo)Photo by Rich Teo (@rich_teo)Photo by Rich Teo (@rich_teo)Photo by Rich Teo (@rich_teo)Photo by Rich Teo (@rich_teo)
After months of building, today we’re opening Zark Labs AI to everyone. Turn your photos, characters, and gameplay into game-style avatars, image packs, comics, and social videos. Free to try: zarklab.ai
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🚀 Just released: "The Stablecoin Toolkit: Financial and Market Dimensions" 🔃bdap.wharton.upenn.edu/wp-co… Proud to have contributed to this @Wharton BDAP report. We moved beyond the "fiat vs. algo" debate to map the 2026 landscape into 4 distinct stabilization mechanisms (including Synthetic Hedged) and analyzed key use cases like Agentic Commerce. Huge thanks to Prof. Kevin Werbach (@kwerb) for his leadership, and to our incredible Steering Committee & Working Group members, @GaziSangita, all. Looking forward to the second report in the series! stay tuned! #Stablecoins #Wharton #DeFi #FinTech #Crypto
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I can count on one hand the number of crypto VCs with operator experience. Don’t get me wrong, there are a lot of great investors in the space right now. But too many funds write checks and too few help founders actually build. And it's holding the industry back. @neilhar @alextang @jerome_ and I started MFV, a $50M operator-led engine built by founders, for founders to change that.
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🦭 Walrus is partnering with @ZarkLab to supercharge content discovery. Zark Lab’s AI intelligence tools make every file instantly searchable and AI-ready: ✨ AI-Enhanced Publisher → Automatically enriches text, images, audio, and video. 🔎 Semantic Search API → Natural language search across your entire dataset. No manual tagging. No silos. Just accessible, trustworthy data for the AI era. Learn more 👇 walrus.xyz/blog/zark-lab-ai-…
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18/ bad actors and crime. Here is my challenge: can anyone explain, coherently, why money laundering in crypto should lead to jail time and money laundering in tradfi should not? Do we really think your choice of ledger is the real problem here? Imagine a world where if you use excel records of payments to launder money, you get a small fine, but if you use an access DB to do the same, you go straight to jail and pay 10x the fine. That's insanity!
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Will be at this series of events for those who are in Singapore next week
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Prior to Silvergate, fiat rails go down pretty often. The unintended consequence has historically been a BTC rally.
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Special invite to the new interaction economy @RepubliK_GG alpha launch. Rewards for early users! app-link.republik.gg/OSfKouY…
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FUD is temporary.
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This wasn't my original valentine's day plan...
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Reserve audits should be more than month end for everyone…
Weird why this $4.7B was divided into 22 $175M transactions and was sent to Circle. Circle burned it, minted it, and sent it back to Coinbase with the same amount and wallet address? What the hell Circle and Coinbase were doing?
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A friend told me what media is suppose to but NOT covering. The biggest bank runs in crypto in Dec. $~15 billion was withdrawn from #Binance in a few days. $~7 billion was cashed out at Paxos (BUSD issuer). And no issues. 🤷‍♂️ (now all came back, plus some) 🙏
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Attacks from competitors are always welcome but less comfortable for someone like BUSD who still grows and builds in a down market. You know their name. "How We Back Binance-Peg #BUSD (and Explaining Historical Discrepancies)" binance.com/en/blog/ecosyste…
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Can 2023 be the rise of #socialfi?
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Binance-Pegged #Busd is now live! #TRON and #Binance keep building, even through the holidays. binance.com/en/support/annou…
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I gave some funding (personally) to 2 friends who worked on this, not expecting much. But they delivered, even with a #Binance version. (This is not a Binance company or product). Can't wait to try it. It's in full production now. Ready for order.
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This is the ultimate swag!
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