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Polychain CEO Says Facebook’s Rumored Stablecoin Blockchain Should Be Public

Published 05/15/2019, 09:00 PM
Updated 05/15/2019, 09:02 PM
Polychain CEO Says Facebook’s Rumored Stablecoin Blockchain Should Be Public
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Polychain Capital CEO Olaf Carlson-Wee thinks Facebook (NASDAQ:FB) would be smart to build its stablecoin on a public, open blockchain infrastructure. Carlson-Wee delivered his remarks at the Consensus 2019 panel “To the Moon and Back” on May 15.

Carlson-Wee explained that the blockchain platform he is referring to is one like bitcoin’s, in which the creator relinquishes control over the platform they built. He argues that such an arrangement would be beneficial to the social media giant, saying:

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