Tech Industry
Yesterday
2577
Crossed a line with my boss
Tech Industry
Yesterday
1860
Cute girl on the floor
Tech Industry
Yesterday
3121
The job market is absolutely brutal right now
Tech Industry
Yesterday
669
Modi is the worst dictator!
Tech Industry
Yesterday
1719
I am starting to think Chinese interviewers currently fail non-Chinese candidates on purpose.
#crypto #blockchain #tech #startup in #nyc recently signed deal with @paypal , recently funded $150M Any insights? Especially how is the tech (code quality, architecture...) ?
DM if you need a referral to any open roles at Paxos.
How do they pay?
Do they hire any junior engineers? All eng positions I am seeing are senior+.
It will be a $1B company. Global demand for stablecoins is at an all time high and will keep increasing exponentially in the short to mid term. But, keep in mind that the Federal Reserve is coming up with CBDCs in the next few years which might make Paxos, Circle, Tether and TrueUSD irrelevant in the long term.
US is different from China. In China, innovation is government led which is why the government is building up DCEP. In the US, innovation is led by the private sector. There is no way US can build something as important as a CBDC on its own. Expect there to be a public and private industry partnership where the US government focuses on regulation and the private sector does the innovating. USD stablecoins will reach trillions in circulation in the future.
Facebook, the Federal Reserve has already put out multiple white papers about CBDCs and sending “direct payments to Americans.” You are completely wrong and behind the curve. The Boston Fed is already working with MIT DCI on this. They are increasingly seeing Novi’s Deim and other dollar-pegged stablecoins as a threat to their sovereignty.