On September 25, CCN reported that prominent venture capital firm Andreessen Horowitz invested $15 million in a stablecoin network called Maker. Stablecoin is a cryptocurrency whose value remains stable by being hedged to the price of reserve currencies like the US dollar. Hence, Dai, the stablecoin of the Maker ecosystem, will always represent $1, regardless … Continued
The post How Can Andreessen Horowitz Profit From its $15m Investment in a Stablecoin? appeared first on CCN
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