DesoDollar: The new stablecoin disrupting the trillion-dollar VC industry

Takeaways: 

  • DeSo, a new blockchain that has raised $200 million from Coinbase, Sequoia, and Andreessen Horowitz, just launched a gasless, 1:1 fiat-backed stablecoin 
  • DAODAO will be the first app in the ecosystem to support it by allowing founders to avoid unnecessary volatility by raising funds and maintaining a treasury in USDC 
  • DeSoDollar lays the groundwork for the upcoming launch of MegaSwap, unlocking user growth and liquidity for founders and builders in all blockchain ecosystems

The DeSo blockchain is pleased to announce the launch of their new gasless, 1:1 fiat-backed stablecoin DesoDollar. This breakthrough coin allows millions of Ethereum MetaMask users to enter the DeSo ecosystem with USDC. DAODAO is the first app in the DeSo ecosystem to leverage the DesoDollar by allowing founders to raise capital for th