Princeton

New Jersey-based Basis, which aims to develop a “stable coin” that stays valued at ~$1 by altering supply, raises $133M from a16z, GV, Bain Capital, and others

but on what basis? Salil Deshpande : Basis: a Price-stable Cryptocurrency with an Algorithmic Central Bank Evelyn Cheng / CNBC : A billionaire hedge-fund manager and the Fed chair runner-up are invest...