Andreessen Horowitz: $15 Million Invested in Stablecoin

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Prominent venture capital firm, Andreessen Horowitz just invested $15 million in Maker DAO (MKR), a stablecoin built on the Ethereum blockchain. MakerDAO The firm stands behind ETH-based stablecoin, Dai (DAI) in addition to it decentralized credit system.  Reportedly, DAI is pegged to U.S. dollars, but collateralized by ETH. DIA users can generate coins by locking … Continue reading “Andreessen Horowitz: $15 Million Invested in Stablecoin”