Cryptodollar Minting Protocol M^0 Will Enable Establishments to Situation T-Invoice-Backed Stablecoins

However these companies are merely creating increasingly more of their merchandise shipped on-chain, mentioned M^0 Labs CEO Luca Prosperi, who believes a centralized get together shouldn’t mint stablecoins and shouldn’t proceed to fractionalize liquidity. As such, M^0 takes a number of the unique concepts of MakerDAO, the place Prosperi was a neighborhood chief, however makes that imaginative and prescient extra institutional.