The scale at which quantum gravity becomes manifest, the species scale
Λs, has recently been argued to take values parametrically lower than
the Planck scale. We use black holes of vanishing horizon area (small black
holes) in effective field theories coupled to quantum gravity to shed light on
how the three different physical manifestations of the species scale
Λs relate to each other. (i) Near the small black hole core, a scalar
field runs to infinite distance in moduli space, a regime in which the
Swampland Distance Conjecture predicts a tower of exponentially light states,
which lower Λs. (ii) We integrate out modes in the tower and generate
via Emergence a set of higher derivative corrections, showing that Λs
is the scale at which such terms become relevant. (iii) Finally, higher
derivative terms modify the black hole solution and grant it a non-zero,
species scale sized stretched horizon of radius Λs−1, showcasing
the species scale as the size of the smallest possible black hole describable
in the effective theory. We present explicit 4d examples of small black holes
in 4d N=2 supergravity, and the 10d example of type IIA D0-branes.
The emergence of the species scale horizon for D0-branes requires a non-trivial
interplay of different 8-derivative terms in type IIA and M-theory, providing a
highly non-trivial check of our unified description of the different phenomena
associated to the species scale.Comment: 40 pages + appendix, 1 figure; v2: minor corrections, reference adde