Coasify builds infrastructure that moves value between identical assets without charging a toll. Our first protocol, Dollar Store, swaps stablecoins at exactly 1:1 with no fee — live on Ethereum mainnet.
Stablecoins are a coordination problem, not a price discovery problem. There is no information in the price of swapping USDC for USDT — both are one dollar. Yet the ecosystem extracts hundreds of millions per year in fees on these identical-value transfers.
| Venue | Fee |
|---|---|
| Curve Finance | 4 bps |
| Centralized exchanges | 3–10 bps |
| Issuer redemptions | 5–10 bps |
| Bridges & L2s | 5–20 bps |
None of these fees reflects the cost of moving between assets of identical value.
Dollar Store swaps stablecoins at exactly 1:1, with no protocol fee. It is built for coordination, not price discovery.
Exchanges use order books and bonding curves to find equilibrium prices. That machinery is necessary for volatile assets. Applied to stablecoins, it forces users to pay for price discovery on assets whose price is already one dollar.
Dollar Store replaces it with a queue. Swaps match first-in, first-out at exactly 1:1 and fill automatically as reserves arrive. No fees, no slippage, no toll for moving value between identical assets.
On-chain assets are increasingly useful: they earn yield, settle payments, and serve as collateral. As that utility grows, capital stays on-chain — and moving between representations of the same asset becomes one of the most frequent financial operations in the world.
Stablecoins are the first market. Tokenized gold, treasuries, and securities follow, and each arrives with the same structure: identical assets, needless friction. The infrastructure that solves it once solves it every time.
“When transaction costs approach zero, resources flow to their most efficient allocation.”
Ronald Coase — The Problem of Social Cost, 1960For investment inquiries, integrations, or press — write to us. We read everything.
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