Location: Remote, open to candidates in the US, South America, Europe, and Africa
Duration: 9–12 month program (with expectation to spin out into a full-time founder role)
Code & State is a venture studio dedicated to building and scaling stablecoin-focused ventures. Founded by Cédric Waldburger and Artia Moghbel, two experienced founders and investors with deep expertise in Web3 and crypto, Code & State is designed to give entrepreneurs more than just capital. We provide hands-on mentorship, shared learnings, deep connections, and access to top-tier investors to help founders build at lightning speed.
We firmly believe that stablecoins have the highest product-market fit in Web3 today, and that their collective market cap will 10x in the next five years. Code & State exists to accelerate that adoption by backing and supporting the founders who will make it happen.
The Entrepreneur in Residence (EIR) program is a 9–12 month, founder-track opportunity. As an EIR, you will either develop your own venture idea in the stablecoin space or lead one of our in-house projects from concept to launch.
At Code & State, we don’t just write checks – we build with you. You’ll get access to funding, mentorship, strategic guidance, investor introductions, and a network of Web3 experts to help you de-risk and accelerate your venture.
The goal? To spin out a high-impact company and raise a seed round at the end of the program.
Stablecoins have already processed over $8.5 trillion in on-chain transactions in just one quarter of 2024, far surpassing Visa’s payment volume. Crypto’s top investors and founders believe stablecoins will reshape the global financial system:
“The stablecoin industry is a crucial bridge between crypto and the real economy, providing a reliable store of value and medium of exchange that can help drive mainstream adoption.” – Vitalik Buterin, Co-founder of Ethereum
“Stablecoins are already the most widely used cryptocurrency by transaction volume. The demand is clear: people want digital dollars they can trust.” – Balaji Srinivasan, Former CTO of Coinbase
“Stablecoins are one of the most important innovations in crypto. They enable borderless payments, financial inclusion, and a more open financial system.” – Brian Armstrong, CEO of Coinbase
Stablecoins are more than just another DeFi trend—they’re already proving their value in remittances, payments, and financial infrastructure. Code & State is looking for ambitious founders who want to build the products that will drive their next wave of adoption.