Welcome to Avici
Avici DAO’s purpose is to build distributed internet banking infrastructure to accelerate Bitcoin’s original promise, eliminating the need for central banks.
Bitcoin launched 17 years ago. It is now a $2 trillion+ asset, but instead of serving as an electronic cash system, it is treated largely as a gold alternative. Even in El Salvador, where Bitcoin is legal tender, only 14–20% of businesses accept it, and even fewer people use it regularly. Stablecoins have about 30 million monthly active users, which is comparable to 1–2 neobanks like Revolut.
Today, crypto is viewed primarily as trading and investing, not as money, not as cash, and not as a credible banking alternative. Stablecoins are a step in the right direction but still early. Cash cannot exist without banking and credit infrastructure.
To push adoption, we cannot expect everyone to suddenly shift to a new system. Instead, we must create incentives and meet people where they are, enabling payments where merchants choose how to accept and payers choose how to spend. Fiat and crypto must become interoperable.
Right now, it is not possible for someone to live fully onchain. You still need banks to build a credit score in order to access a home loan or business loan. The infrastructure for underwriting onchain is almost entirely missing.
Avici’s strategy is to first make stablecoins usable across millions of merchants, build distribution, and then expand into credit, banking, and payments infrastructure. The goal is for anyone, anywhere to depend on Avici to spend, save, earn, borrow, and shift their entire banking needs while preserving privacy and self-custody of their wealth
This doc is focused on current gaps, long term plans with the DAO. To learn more about current product visit ↓
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