In this conversation with Luca Prosperi, Co-founder and CEO of M^0, we discuss how M^0 is helping builders create stablecoins different from most of the existing ones such as Tether and Circle. M^0 is backed by Pantera Capital, Bain Capital, Galaxy Digital, Wintermute, SCB10X, GSR and others.

Follow Luca's blog Dirt Roads: https://dirtroads.substack.com/

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Timestamps:

00:00: Introduction

00:49: From TradFi to DeFi, from surviving blood cancer to becoming an entrepreneur

03:28: From Maker to M^0, successful fund raise

06:43: Maker‘s innovation and its limitations

07:51: M^0‘s vision and aspiration 

12:23: Use Stripe as an example to illustrate how M^0 works

15:22: Differences between Paxos and M^0

16:54: Clients and real use cases

18:46: Opportunities and challenges with DeFi and traditional companies

20:59: Address counterparty risks of traditional banks

25:14: Real-time attestation of reserves

25:46: Fees, yields, spread

28:14: Embrace regulations and understand their limitations

31:00: Tether and its future

32:34: M^0 and its markets

34:38: MiCA and GENIUS Stablecoin Bill

37:26: Regulations and their potential impact on M^0’s growth

38:08: Closing remarks