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The Endgame for Stablecoins, ProducePay Featured in a Documentary, Aflac Partners with Nayya

The Endgame for Stablecoins, ProducePay Featured in a Documentary, Aflac Partners with Nayya

The Social Leverage Letter | Issue #143

Ethan Berk
June 16, 2024

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READING

III. The Endgame for Stablecoins

Multicoin (SLAF I) announced its investment in Mountain Protocol, which has launched USDM, a yield-bearing stablecoin backed entirely by US Treasuries. USDM stands out by meeting all key requirements for a stablecoin, such as earning a base yield, holding assets with the same sovereign risk as fiat currency, being 1:1 backed by US Treasuries, and having prudential regulation from the Bermuda Monetary Authority. The coin offers daily yield accrual through auto-rebasing, making it attractive for users seeking a safe, yield-generating stablecoin.

The Endgame for Stablecoins

Today, we’re proud to announce our investment in Mountain Protocol, the issuer of USDM, a permissionless, yield-bearing stablecoin backed entirely by US Treasuries. We led the Series A round.

II. ProducePay featured in documentary on reducing food waste - Produce Blue Book

ProducePay (Fund II), an agtech company focused on creating a more sustainable and efficient global agricultural supply chain, is featured in the new documentary series "The Human Component" by the Consumer Technology Association and BBC StoryWorks. The series highlights innovative technologies addressing global challenges like food waste and climate change, showcasing ProducePay's efforts to reduce the 40% food waste in the fresh produce industry through technology that enhances coordination and predictability for growers, distributors, and retailers.

ProducePay featured in documentary on reducing food waste - Produce Blue Book

ProducePay is proud to announce its participation in the online series 'The Human Component', launched today.

I. Aflac partners with Nayya

Aflac has partnered with Nayya (Fund III) to enhance how employees access their supplemental health benefits by integrating Nayya's personalized digital benefits guidance into Aflac's group benefits business. This partnership aims to improve awareness of Aflac benefits for insureds during eligible medical events, further simplifying the claims process and aligning with Aflac's commitment to a digital-first claims experience.

Aflac partners with Nayya

Nayya is a provider of personalized digital benefits guidance.

LISTENING

I. Varuna De Silva - Pressure Play: Measuring Athlete Performance with AI

Varuna De Silva - Pressure Play: Measuring Athlete Performance with AI

Varuna De Silva leads the Machine Intelligence Lab at Loughborough University, applying artificial intelligence to engineering problems. This work has included the integration of A.I. and sports data analytics to provide insights for national and international teams and clubs.

WATCHING

II. ProducePay Featured by BBC StoryWorks: Feeding the World Sustainably

I. “Investing is the professional sport for thinkers” | Anthony Pompliano

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Affiliate Disclosure: Social Leverage Group, LLC ("SLG"), Social Leverage Capital Fund I, LP ("SLC"), Social Leverage Capital Fund II, LP ("SLCII"), Social Leverage Capital Fund III, LP ("SLCIII") and Social Leverage Capital Fund IV, LP ("SLCIV") are all distinct entities from Social Leverage, LLC ("SL"). Social Leverage is not a registered investment advisor. SLC, SLCII, SLCIII, SLCIV, SLG and SL have used the logo and branding of Social Leverage with the permission of Social Leverage Group, LLC.