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On this week’s Blockcast, we speak with Luca Prosperi, co-founder and CEO at M^0 Labs, whose man-bun and genial personality belies battle scars from almost 2 decades of traditional banking, helping to build MakerDAO and, a health scare. Luca dissects the concept of money creation and some of the foundations behind M^0’s quest to build infrastructure for a crypto dollar.
Privately issued stablecoins are the OG of tokenised assets and have largely been a game-changer for crypto markets. The success of stablecoin issuers like Tether and Circle boil down to the inherent utility of stablecoins, which provide a fast, affordable and borderless way of transferring value. While this process of using crypto rails for money transfer is an exponential leap in efficiency and speed, it still fundamentally relies on legacy money infrastructure to function.
Join us as we dive into how M^0 is gearing up to be an infrastructure layer that goes beyond wrapping real-world bank deposits or assets as a cryptographic token.
Watch out, stablecoins - monetary stack reinvention incoming.
*Episode is filmed during Token2049 week.
🎙️ Hey there, Blockcast listeners! 🎙️ This podcast provides commentary and discussion on cryptocurrency and related topics. It is intended for informational and entertainment purposes only and should not be construed as financial advice. Guests appearing on this podcast may discuss companies or strategies, but these discussions are not recommendations to buy, sell, or hold any particular asset or pursue any specific strategy. The hosts and guests are not financial advisors, and listeners are urged to consult with a qualified professional before making any investment decisions. Investments in cryptocurrency are inherently risky, and you could lose money.
