Co-CEO & Co-Founder @Cyclops_inc - Stablecoins and Crypto for Payments | prev. Co-CEO & Co-Founder @TheGivingBlock, acquired by @Shift4

The Giving Block
I’m excited to announce that today we’re officially launching @Cyclops_inc, the stablecoin and crypto platform for Payments Companies. @AlexWilsonTGB and @dcjmgmt are my Co-Founders and @LindsayWysocki is our COO. More on the team later but, for now, let me tell you about what we’ve built. Backed by @Shift4, @CastleIslandVC, and F-Prime, Cyclops is the stablecoin and crypto platform for payments companies. We’re on a mission to 10x the rate at which the top payments companies adopt stablecoin settlement and crypto payments. We spent the last four years building stablecoin and crypto solutions from inside one of the world’s leading payments companies. In hours, we had a team of crypto payments founders and engineers, the buy-in and support of the leadership team and a mandate to build. With every resource you could possibly imagine, this effort still took years. We decided there had to be a better way. The stage is set. Merchants want to accept crypto. Payment platforms are announcing crypto capabilities. Regulatory clarity has arrived and the blockchains are built to support the wave. But when you start building, you discover the real problem: the crypto infrastructure is not designed for payments. As a payments company, you are left with an impossible decision. Either you spend $10M+ and 18 months assembling a team and building, or you stitch together 4-7 separate vendors - for custody, compliance, wallets, liquidity, conversion, settlement, reporting - and hope you like where you end up. Most companies are getting 6 months in before they realize they have to build an entire crypto company inside their payments company just to get this done. We built Cyclops to put an end to this problem - building the crypto and stablecoin infrastructure platform that exists exclusively for payment service providers, merchant acquirers, and payment processors. We're live with customers today. The payments companies that move now will own the market position, and Cyclops will be the key to claiming it and keeping it. If you're a payments company exploring crypto infrastructure, or looking for an upgrade, let's talk. Check out our announcement here: cyclops.io/post/introducing-…
Cyclops is live! Cyclops is the stablecoin and crypto platform built for payments, and only payments. Before Cyclops, PSPs faced an impossible choice: Ignore stablecoins and crypto, or spend millions across multiple vendors over many years. Cyclops is the solution... (1/3)
14
4
51
2,289
Pat Duffy retweeted
Next Monday! Find Cyclops at booth 614 at the MAG Payments Conference in Nashville.🤠 Want to connect while there? Drop a comment below or reach out to Pat Duffy, John Reed, Lauren Wilson or Sarah Broders! 🚀
3
2
11
289
Pat Duffy retweeted
We Must Pace the Frontier: I’ve written a new essay on why the AI industry should slow down, with a three-part plan for doing so. Anthropic is unilaterally committing to the first of these steps. We’ll provide third-party evaluators with permanent, employee-level access to our systems, so that they can verify adherence to our safety measures, report on incidents, and assess models’ alignment during training. You can read the full post here: darioamodei.com/post/we-must…
10,654
16,379
87,816
76,407,524
Pat Duffy retweeted
Eight years since our team started building in this space, from our founders to our devs and everyone in between. 🚀 Eight years learning crypto, stablecoins and payments from the inside, across a few very different chapters that all led here. Read the full story here 👉 cyclops.io/post/eight-years-…
2
16
245
Pat Duffy retweeted
Last week, some of the Cyclops team got together in Miami for in-person time, and it didn't disappoint! 🎉 We welcomed a few new team members, had great heads-down working sessions and even snuck in a few rounds of mini golf. ⛳ 🏌 We topped it off with a happy hour alongside some of our friends in payments. Thank you to everyone who came out, this community is what makes the work fun. 🫶
3
2
17
439
Pat Duffy retweeted
Go check out The Payments Shed Podcast newest episode! Cyclops co-founders @thisisPatDuffy & @dcjmgmt sat down with Grant Evans and Justin Hanna to talk through where stablecoins actually stand today. 🚀 They dive into what led to building Cyclops, where stablecoins are solving real problems and what it'll take for adoption to catch up to the attention.
2
2
14
411
Pat Duffy retweeted
Miami-based startup Cyclops has raised $20 million in its latest funding round to help payments companies integrate stablecoin infrastructure. bit.ly/4fGfrJN
7
8
22
5,215
Pat Duffy retweeted
🚀🚀🚀So pumped about the next chapter for Cyclops and the strength of our investors -- the best in payments. We also couldn't do any of this without our amazing @Cyclops_inc team!♥️
We’re excited to announce our $20M Series A to build the stablecoin backbone for the payments industry.🚀 “I spent over 50 years building the rails of today’s payments. I’ve been looking for the opportunity to invest in the platform that will power the next 50. We’re betting on Cyclops to be that platform.” said Javier Perez, Founder & Managing Partner of Global PayTech Ventures. Cyclops is the first and only platform allowing payments companies to plug into and orchestrate across all of the leading stablecoin providers at every level of the stack, in every corridor. With over 100 global licenses, and all the top solutions offered through a single API, Cyclops is the most redundant, agile and efficient offering in the market. This round was led by @NavaVentures(Kevin Chenault) with participation from Global PayTech Ventures, @coinbase Ventures, @Circle Ventures, @CastleIslandVC, @FPrimeCapital, Lasagna and @openfx_. Fortune exclusive👉fortune.com/2026/07/15/exclu…
3
5
23
766
Pat Duffy retweeted
We’re excited to announce our $20M Series A to build the stablecoin backbone for the payments industry.🚀 “I spent over 50 years building the rails of today’s payments. I’ve been looking for the opportunity to invest in the platform that will power the next 50. We’re betting on Cyclops to be that platform.” said Javier Perez, Founder & Managing Partner of Global PayTech Ventures. Cyclops is the first and only platform allowing payments companies to plug into and orchestrate across all of the leading stablecoin providers at every level of the stack, in every corridor. With over 100 global licenses, and all the top solutions offered through a single API, Cyclops is the most redundant, agile and efficient offering in the market. This round was led by @NavaVentures(Kevin Chenault) with participation from Global PayTech Ventures, @coinbase Ventures, @Circle Ventures, @CastleIslandVC, @FPrimeCapital, Lasagna and @openfx_. Fortune exclusive👉fortune.com/2026/07/15/exclu…
22
11
72
13,588
We just raised $20M. We are not building another stablecoin company. We're unifying the parts. We have integrated all of the leading providers, across every global corridor, into a single API for payments companies. Learn more here:
We’re excited to announce our $20M Series A to build the stablecoin backbone for the payments industry.🚀 “I spent over 50 years building the rails of today’s payments. I’ve been looking for the opportunity to invest in the platform that will power the next 50. We’re betting on Cyclops to be that platform.” said Javier Perez, Founder & Managing Partner of Global PayTech Ventures. Cyclops is the first and only platform allowing payments companies to plug into and orchestrate across all of the leading stablecoin providers at every level of the stack, in every corridor. With over 100 global licenses, and all the top solutions offered through a single API, Cyclops is the most redundant, agile and efficient offering in the market. This round was led by @NavaVentures(Kevin Chenault) with participation from Global PayTech Ventures, @coinbase Ventures, @Circle Ventures, @CastleIslandVC, @FPrimeCapital, Lasagna and @openfx_. Fortune exclusive👉fortune.com/2026/07/15/exclu…
6
4
29
671
Pat Duffy retweeted
In some corridors, stablecoin rails don't just reduce FX costs. 🌎 They provide access to dollar liquidity that the traditional banking system can't match. Our latest blog breaks down how stablecoins change the FX picture for payments companies. Read it here → cyclops.io/post/how-stableco…
1
4
12
419
Pat Duffy retweeted
Cyclops is Amsterdam bound! 🚀 We're headed to Money20/20 Europe June 2nd-4th and couldn't be more excited. Want to connect while we're there? Reach out to @thisisPatDuffy , @dcjmgmt or John Reed.
3
11
329
Pat Duffy retweeted
New Bits to Bricks episode this week with @AlexWilsonTGB of @Cyclops_inc with lots of hot takes, including: - You're not going to use crypto to pay for coffee anytime soon - Why most big companies' crypto strategy goes nowhere - Bridge + BVNK sold too early Listen here: solana.com/podcasts/bits-to-…
4
2
7
497
Pat Duffy retweeted
Catch us at @consensus2026 later this week in Miami! Reach out to @AlexWilsonTGB or Dan Savitt if you want to connect. We're also hosting an invite-only founders dinner on Wednesday night with @Meow — message us for details.
1
3
16
393
Pat Duffy retweeted
Catch us at @Stripe Sessions later this week in San Francisco! Reach out to @dcjmgmt or John Reed if you want to connect.
4
16
436
Pumped to have you John. Let’s get after it 🚀
We're excited to welcome John Reed to Cyclops as our new Director of Business Development 🚀 John joins us from Spreedly where he spent the past four years building their partner program from the ground up. With over a decade of experience at Spreedly, @Fiserv and beyond, John brings extensive payments relationship expertise to the Cyclops team. Learn more about John here: cyclops.io/post/new-hire-joh…
3
1
8
237
Pat Duffy retweeted
Met @thisisPatDuffy and @AlexWilsonTGB at a conference I was running. Temped a while, started hanging at @BlockShopDC and joined @TheGivingBlock The rest is history.
1
1
5
107
I'll be at @FintechMeetup next week in Vegas. We're finalizing the @Cyclops_inc meeting schedule, so DM me if you'll be there and want to connect. 🚀
4
3
19
595
Excited to build the future of payments together. 🔥
We're proud to announce that Cyclops has been selected for the @Mastercard Crypto Partner Program 🚀. Learn more here: cyclops.io/post/mastercard-n…
2
13
302
Pat Duffy retweeted
We're growing quickly and hiring like crazy at Cyclops with 20+ people already on the team. We have remote roles across compliance, marketing, product and engineering.
50
11
385
28,350