Chapter
The Failure of A Stablecoin Predecessor
24:52 - 28:46 (03:53)
Basis Cash, a stablecoin project that raised $80 million from top investors including Andreessen Horowitz, failed to launch despite accruing $18 billion in total value locked (TVL).
Clips
Basis was a stablecoin project that raised $80 million from top VCs but failed to launch.
24:52 - 27:01 (02:08)
Stablecoin
Summary
Basis was a stablecoin project that raised $80 million from top VCs but failed to launch. The aim was to use it in e-commerce as an alternative to credit card fees but it ultimately shut down due to regulatory issues.
ChapterThe Failure of A Stablecoin Predecessor
Episode"The Real Life Ted Lasso," Martin Shkreli, Liver King, and Other Cult Leaders
PodcastMy First Million
Crypto investors have invested over $18 billion in stablecoins, with the number of people buying these coins constantly increasing.
27:01 - 28:46 (01:45)
Stablecoins
Summary
Crypto investors have invested over $18 billion in stablecoins, with the number of people buying these coins constantly increasing.