Right this moment on the Bitcoin Conference in Las Vegas, Cowbolt, an app that allows you to cut up expense funds and settle in bitcoin, will launch their mission: flip peer-to-peer funds right into a Bitcoin onramp, beginning with household and pals.
Cowbolt will let their shoppers cut up prices and settle immediately utilizing Bitcoin and USDT, with no middlemen, no financial institution friction and with self-custody. They’ll attempt to convert on a regular basis transactions into Bitcoin adoption.
“We imagine essentially the most highly effective onramp to Bitcoin isn’t an alternate — it’s folks,” mentioned the co-founder of Cowbolt Daniel Ekström. “That’s why we constructed Cowbolt. For pals, not hedge funds.”
What Cowbolt will carry to the desk:
- Cut up and settle.
- Hold your keys.
- Quick and trusted.
- Works throughout borders.
The app is already getting used for remittances, group journey, and day-to-day funds. It’s designed to be like a contemporary fintech app and shall be obtainable for iOS and Android.
“Constructing Airbnb taught me that when design is easy and will get out of the best way, folks do superb issues,” acknowledged the ex-Inventive Director at Airbnb & co-founder Cowbolt Tony Högqvist. “That’s the purpose right here too. To not retailer bitcoin in an ETF, however to make use of it between folks. Effortlessly. Amongst groups, pals, households — day-after-day.”
