PayFi Attracts Attention from a16z and Chris Dixon
PayFi Attracts Attention from a16z and Chris Dixon
👀 a16z Spotted in PayFi
PayFi, a DeFi protocol focused on income-backed lending, appears to be gaining attention from major players in the venture capital space. Andreessen Horowitz (a16z) and partner Chris Dixon have reportedly been exploring the protocol.
The platform aims to innovate in the DeFi lending space by using receivables as collateral, potentially opening up new opportunities for broader market participation.
- Protocol focuses on income-backed lending
- Notable VC interest from a16z team
- Aims to make DeFi more accessible
Someone has been reading about PayFi. Welcome to the movement @a16z & @cdixon 💜
Why is it still so hard — and expensive — to move money? It doesn’t have to be. Stablecoins, or cryptocurrencies pegged to stable assets like the U.S. dollar, are a way to bring the internet’s original vision to money. More from @cdixon, on the disruptive opportunity of
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