After learning that @0xinfini suddenly stopped its U Card business, I immediately contacted Princess @0xsexybanana to do an exclusive interview with her.

Yesterday, I talked with the Princess for an entire afternoon about why they wanted to create Infini, from the inception of the 'financial product' to later veering off into 'payments'. The Princess sincerely shared her journey.

A few points left a deep impression on me:

1. Infini wanted to enter the stablecoin space last summer; this kind of foresight and intuition is definitely at the T0 level of entrepreneurial teams.

2. If the business is related to Web2, it is inevitable to invest a lot of energy in compliance issues, and the costs required for compliance are not trivial. For example, some licenses are currently very difficult to obtain, and if you want to get them, you can only do so through company acquisitions.

3. Positive feedback can sometimes be a trap; one needs to be clear about their core objectives at all times. Infini initially hoped that launching the U Card would attract more users to increase the overall TVL, but they were blinded by the growth in user numbers and overlooked the fact that the TVL hadn't really increased, leading them to stray from this direction for a long time.

4. Do not pursue U Card entrepreneurship anymore. On one hand, the Princess's original words were that 'not a single penny was made'; on the other hand, the consensus we reached is that the U Card is a payment solution that everyone can only reluctantly accept in its current state, rather than a final solution. We look forward to the realization and popularization of stablecoin payments.

5. Infini has now returned to its original track and has completed its course correction; I am happy for them.

The complete interview content is in the comments section below 👇