Institutional Product/Market Fit for Stablecoins
Luca Prosperi is the founder and CEO of M^0, a stablecoin issuance protocol reimagining how money is created.
We first connected with Luca in May 2023, shortly after M^0’s seed round. Fast forward a year, and the company has now raised $60 million, launched on mainnet and facilitated the issuance of over $40 million in stablecoins with its initial network participant.
In this conversation, Luca and Will Beeson discuss his vision for a new money creation paradigm, institutional product/market fit in stablecoins, why crypto finance is different from blockchain for banks, overcoming the cold start problem in stablecoin distribution and network creation, the direct parallels between traditional finance and the use cases M^0 is building and more.