The always-on operations layer for stablecoins.

Production agents for stablecoin operations. Reserves, redemptions, sanctions, KYT, reconciliation, reporting. Always-on, policy-bound, deployed inside regulated programmes. Built on Wall Street.

See it on your reserves →
Always-on agents for stablecoin operations powered by Hermes
01 · DEPLOYMENT

Two ways in

Get always-on agents inside the programme.

Fixed scope.
Subscription thereafter.

01 · AUDIT

Operations Audit

Two weeks

We map your stablecoin operations against the surfaces our agents monitor. Reserves, redemptions, sanctions and KYT, cross-chain reconciliation, reporting.

Output: a deployment plan with measurable targets. Bridges into a design partner engagement, or stands alone.

Fixed scope, fixed fee.

02 · DESIGN PARTNER

Design Partner Programme

Six to eight weeks to first production

For stablecoin issuers and infrastructure firms running production today. We deploy always-on agents inside one operational surface, governed by your policy.

Limited cohort. Fixed-fee deployment, then monthly subscription. Hermes runtime, our agents, your surface.

Fixed deployment fee, monthly subscription.

02 · STANDARD

What the agents deliver

What changes when agents run the surface.

Coverage. Speed.
Control. Clarity.

01

Coverage

Across chains, bank rails, and operational surfaces. Sleeps when there's nothing to watch.

02

Speed

Signal to escalation in minutes. Drift, anomalies, sanctions surfaced as they happen.

03

Control

Policy-bound execution. Audit trails for MiCA, the GENIUS Act, equivalent regimes. Every action reversible under sign-off.

04

Clarity

Reserves, redemption flow, risk, regulatory exposure. One surface, real-time.

03 · OPERATOR

Who builds the agent

Operating discipline, brought across.

Built on Wall Street.
Now applied here.

Almost a decade inside a global investment bank. LLM analytics, decision systems, transaction monitoring infrastructure under institutional load. Now running it as always-on agents for stablecoin operations.

About the operator →
04 · RUNTIME

What runs inside the operations layer

Hermes is the runtime.
Here is what it does.

Operational pipeline.
Built, not pitched.

Inside the regulated programme. Ingest signals. Decide under policy. Act within control. Escalate to humans when the threshold is met.

Hermes does not replace the team. It runs the surfaces the team cannot watch alone. Reserves through the night. Redemptions across timezones. Sanctions at the moment they hit. Reconciliation across chains and bank rails. When policy requires a human, Hermes hands over with full context.

05 · USE CASES

A reserves event, walked through

What always-on looks like.

One scenario in full.
Three more in summary.

Scenario · 01 Reserves coverage event, bank-holiday window policy: reserves-coverage-redemption-window@2.4.0
06:12 UTC · treasury offline for four hours

A bank holiday slips coverage
0.3% below target.
£80m in redemptions
queued for the window.

The agent is already on it. Reserves split across three custody banks and two on-chain venues. Eight institutional redemption requests in flight, two more queued. Treasury team back online at 10am. The redemption window opens at 08:00.

What the agent does · severity progression
06:12:04 Snapshot Reserves snapshot complete. Coverage 100.18% across 3 custodians, 2 chains. Within normal range.
06:47:33 Queue Redemption queue: 8 active, £42m total. Within normal range. Treasury offline for the next 4h.
07:14:08 Watch Custodian B reporting cash sweep delay. Liquidity-adjusted coverage 99.91%.
07:18:42 Watch Custodian B status unchanged. Liquidity-adjusted coverage 99.88%. Redemption velocity model armed.
07:31:15 Escalate Coverage approaching threshold floor. Velocity model flags risk on next 6h window. Notifying treasury and CFO.
07:31:16 Evidence Evidence packet drafted for MiCA Article 36. Low-priority outflows held pending sign-off. Awaiting human approval.
What sits behind the agent · the operating surface

Ingest

Custody attestations. On-chain reserve snapshots. Redemption queue state. Custodian operational status. Scheduled outflows.

Decide

Liquidity-adjusted coverage calculation. Redemption velocity modelling. Threshold band evaluation. Regulatory floor proximity.

Execute

Notify treasury. Draft regulator-ready evidence packet. Hold low-priority outflows pending sign-off. Log decision rationale.

Control

Dual approval gates on hold actions. Policy versioning. Escalation to CFO and head of compliance. Evidence retention per MiCA.

By 08:00, before the redemption window opens

Treasury wakes to a drafted regulator filing and a documented chain of decisions.
No human was awake when coverage was restored.

Three more scenarios drift · sanctions · reconciliation
SCENARIO · 02 Reserves drift

Reserves drift, three hours before the redemption window.

TriggerLiquidity-adjusted coverage slips below target while treasury is offline. Redemption queue holds scheduled outflows.
AgentPauses low-priority outflows under policy. Drafts MiCA Article 36 evidence packet. Notifies treasury and CFO with documented rationale.
AvoidedCoverage restored before the threshold breach. No regulator notification needed.
GATED → RESTORED MiCA · FCA
SCENARIO · 03 Sanctions hit

Sanctions hit on an inbound redemption request.

TriggerAddress match against current sanctions list. Six-hour SLA on hold-and-report.
AgentHolds the transaction. Drafts SAR-equivalent narrative with full ledger trail. Escalates to the MLRO. Retains evidence packet for audit.
AvoidedResolution in 47 minutes against a six-hour SLA. No exposure window.
HELD → ESCALATED OFAC · MLRO · MiCA
SCENARIO · 04 Cross-chain reconciliation

Cross-chain reconciliation break in the next attestation.

TriggerBridged supply discrepancy of 0.018% across two chains, surfaced before the next public attestation.
AgentTraces the break to a delayed event indexer. Flags ops engineering. Withholds attestation publication until reconciliation completes.
AvoidedNo public attestation error. No press cycle. Reconciliation logged with full chain of evidence.
WITHHELD → RESOLVED Cross-chain · Indexer

06 · INTAKE

Email a short note about the stablecoin operation you'd want watched.

contact@rayleighstark.com