E18: Niural's Nabin Banskota - Simplifying Payroll for Web 3 Firms

SummaryNiural is a payroll and treasury management platform that aims to make cross-border payments faster, cheaper, and easier using stablecoins. Nabin Banskota, President and Co-founder of Niural has a background in traditional finance and tech, and he and his co-founder saw the potential of blockchain and stablecoins in revolutionizing the payments industry. They built Niural to bridge the gap between Web 2 and Web 3 customers, offering a seamless user experience for both. The platform allows companies to pay employees and contractors globally, with the option to pay in stablecoins or fiat currencies. Niural also provides HR and payroll tools, automating processes and ensuring compliance. Nabin discusses the challenges and roadblocks faced in the adoption of cryptocurrency payments, particularly in the US. He highlights the regulatory hurdles and the discomfort banks face when working with crypto companies. Nabin emphasizes the need for common sense regulations and expresses hope for passing bills supporting the crypto industry. He also shares insights on the comprehensive solutions offered by Niural, including payroll processing, benefits administration, and real-time payments. Nabin advises founders to focus on solving real problems, build a support system, and be passionate about their mission.Chapters00:00 Introduction and Background 06:28 The Rise of Stablecoins and the Need for Better Payments Infrastructure 13:49 Founding Niural and Combining Tech and Business Expertise 24:39 Simplifying Payroll and Payments with Niural 29:33 Addressing Global Payment Needs and Offering Choice 34:19 Challenges and Roadblocks in Cryptocurrency Payments Adoption 39:10 Comprehensive Solutions for Payroll Processing and Real-Time Payments 44:08 Building Seamless Data Flow and Modernizing Software Stack 48:33 Serving Small and Large Companies with Flexible Solutions 56:35 Advice for Founders: Solve Real Problems and Build a Support System 01:00:20 The Future of Cryptocurrency Payments: Stablecoin Payments and Real-World Asset Tokenization 01:04:09 Outro.mp4Connect with Nabin and Niural: X (Twitter): ⁠⁠ @Nabin_Niural | @niuralHQ Telegram: ⁠⁠@Nabin_Niural LinkedIn: Nabin Banskota | Niural YouTube: @niuralhq Website: https://www.niural.comTo learn more about ATX DAO: Check out the ⁠ATX DAO ⁠website Follow ⁠@ATXDAO⁠ on X (Twitter) Subscribe to our newsletter Connect with us on ⁠LinkedIn⁠ Join the community in the ⁠ATX DAO Discord⁠Connect with us on X (Twitter): Luke: ⁠⁠⁠⁠⁠@Luke152⁠⁠⁠⁠⁠ Ash: ⁠@ashinthewild⁠ Mason: ⁠@512mace⁠ Nick: ⁠@nickcasares⁠ Willy: @willyogoSupport the Podcast: If you enjoyed this episode, please leave us a review and share it with your network. Subscribe for more insights, interviews, and deep dives into the world of Web 3.Tools & Resources We Love Podcast Recording & Editing - ⁠Riverside FM⁠: We use Riverside FM to record and edit our episodes. If you’re interested in getting into podcasting or just recording remote videos, be sure to check them out!KeywordsNeural, payroll, treasury management, cross-border payments, stablecoins, Web 2, Web 3, user experience, global payments, compliance, cryptocurrency payments, adoption, challenges, roadblocks, regulations, banks, compliance, payroll processing, benefits administration, real-time payments, solutions, founders, support system, passion