Why Optimism Switched to Meow for Banking & Payments
OVERVIEW
The Optimism Foundation is a nonprofit organization overseeing the development and governance of the Optimism Layer 2 scaling ecosystem for Ethereum. It stewards the Optimism Collective, a community-driven model combining blockchain infrastructure with public goods funding, aimed at making Ethereum transactions faster, cheaper, and more accessible.
This case study was conducted with Ryan Shon, Treasury Lead at Optimism.
“We’ve saved tens of thousands of dollars in fees by switching to Meow. Being able to toggle between stablecoins and cash, especially alongside a bill pay solution, is an incredible feature.”
The Problem
Q. How were you handling your banking before Meow?
We used a bunch of different providers for our financial solutions. It wasn’t consolidated, so we weren’t operating as fast and efficiently as we could have been.
The Switch
Q. Why did you switch to Meow?
We needed a full suite of solutions for our banking provider: stablecoin payments, higher-yield savings, and the typical solutions like bill pay and reimbursements. With Meow, we got it all in one place. It’s made it easy to move funds seamlessly across the network.
The Results
Q. What results have you seen since switching to Meow?
We’ve saved tens of thousands of dollars in fees with Meow. Being able to toggle between stables and cash, alongside a bill pay solution, is an incredible feature.
Q. What else has stood out about working with Meow?
We were shocked at how responsive Meow was compared to our older providers. Someone will respond to us within the hour. You don’t really get that kind of treatment as a customer anymore.
Q. What would you tell someone considering Meow?
I’ve used Meow in previous roles too, so it’s a product I keep coming back to. They really understand the needs of their customers and continuously build features that make your life better as an operator.