Most onchain "credit cards" are functionally debit cards. Spend $100 with a $1,000 balance and you're either debited immediately or taking a loan against your collateral at every single purchase. @usemotocard works differently: deposit stablecoins, spend freely, and your balance keeps earning yield for 30 days before settlement. @shimon_newman (Founder, Moto) breaks down the new financial primitive. Key Moments: 01:22 - First interview ever about Moto 02:39 - "Alameda and 3AC were in our seed round. We thought we were gods" 05:00 - Why onchain "credit cards" are actually debit cards 08:35 - "You're going into debt every single time you spend" 10:43 - "Fund your lifestyle through DeFi yield" 14:37 - "A lot of these crypto cards are quite predatory as well" 18:18 - The 5% + 5% breakdown: cash back plus stablecoin yield 19:55 - How stablecoin deposits convert to insured, yield-bearing assets 21:50 - Design, taste, and why Amex branding is "geriatric" 24:29 - "Our competitor isn't EtherFi, it's Amex" 28:32 - "We can be successful with just 1,000 users, if they're the right users" Recorded at @solana Breakpoint 2025