TLDR Crypto · INNOVATION & LAUNCHES
BOLT'S SUPERAPP TAKING ON COINBASE, ZELLE, AND PAYPAL
Summary from the TLDR Crypto newsletter
Ryan Breslow has returned as the CEO of checkout company Bolt and plans to launch a superapp with one-click crypto trading, peer-to-peer payments, and debit card rewards. The app will offer real-time onchain balances, single-click remittances, and a 3-7% cash back debit card. Despite flat ARR and past investor lawsuits, Bolt has grown its shopper network from 10 million to 80 million and plans to monetize through interchange fees and crypto transaction charges.