MEET THE GHOST CARD

Summary from the TLDR Fintech newsletter

Fintech is rapidly converging around agents, stablecoins, and programmable money: Meta's Muse is driving real consumer agentic commerce, Ramp is pushing deeper into treasury and digital-asset infrastructure, Mercury has crossed $1 billion of annualized revenue, and Visa plus Mesh are turning wallet balances into card-network spending through invisible “ghost cards.” The financial stack is shifting from apps and standalone products toward agent-controlled money movement, embedded credit, tokenized assets, and new trust layers around identity, permissions, and liability.