THE HASH: Coinbase Asks Users to Switch USDT for USDC; More Reported Crypto Layoffs

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Business News, Daily News, News, Tech News

4.7 • 698 Ratings

🗓️ 9 December 2022

⏱️ 25 minutes

🔗️ Recording | iTunes | RSS

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Summary

This episode is sponsored by Bitstamp. The most valuable crypto stories for Friday, Dec. 9, 2022. "The Hash" hosts interview Forum3 Co-CEO Adam Brotman to discuss connecting one of the world’s most successful retail loyalty programs with Web3. Also, Coinbase is waiving the conversion fees for users switching to a "trusted stablecoin" in a new campaign that highlights the quality of reserves that back Circle-owned USD Coin (USDC). Meanwhile, crypto trading firm Amber Group is terminating a $25 million sponsorship deal with football club Chelsea F.C. amid new layoffs, according to a Bloomberg report. See also: Crypto Exchange Coinbase Asks Users to Switch USDT for USDC Crypto Trading Firm Amber Group Ditches $25M Chelsea Sponsorship Deal Amid Layoffs: Report Starbucks Launches Beta of Web3 'Odyssey' Loyalty Program Blending the World’s Most Successful Loyalty Program With Web3 The Brains Behind Starbucks Rewards Help Push Coffee Chain Giant Into Web3 - This episode has been edited by Michele Musso. Our executive producer is Jared Schwartz. Our theme song is “Neon Beach.” - Bitstamp is the longest-running crypto exchange and was recently rated #1 in the world by CryptoCompare. Regulation, transparency, and security are pillars that ensure customers' funds are safe; it’s the Bitstamp way. Learn more about how your crypto is always yours at bitstamp.net. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

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0:00.0	This episode of The HASH is sponsored by BitStamp.
0:10.7	This is the HASH podcast.
0:13.5	Stay informed with the latest on Bitcoin, ETH, the Metaverse, Web3, and more,
0:18.4	with stories that matter to the crypto world.
0:20.6	All on the Hash for your ears. You that matter to the crypto world, all on the hash for your ears.
0:24.1	You're listening to the Coin Desk podcast network.
0:29.5	Hey there. Welcome to The Hash. You're watching CoinDest TV. I'm Zach Seward. I'm joined by Will Foxley and Adam Levine. Happy Friday. We hope you're doing well.
0:42.0	A lot going on in the world of crypto news as always. And we are going to help you get through it.
0:48.2	But first, we have an interview. We have a special guest stemming from a conversation that we had
0:53.5	yesterday and I'm going to introduce our guest and let's do this thing. All right. So we were talking about the Starbucks rewards program, making the transition over to Web 3 based on Polygon, new way to incentivize user, loyalty, and engagement. Joining us today to talk about that. And his new venture is Adam Brotman he was formerly the head of
1:11.8	digital actually check that the chief digital officer at starbucks and is now a co-CEO and founder of
1:17.7	forum three which is in the news today with a fresh raise adam thanks for being here how are you
1:22.9	i'm i'm glad to be here hi how are you guys? We're doing well.
1:28.3	We're doing well.
1:29.3	You're all over the place on CoinDest recently.
1:31.3	You're featured in our most influential package.
1:33.3	We were talking about the rollout of the Starbucks program yesterday.
1:36.3	And now you're here, fresh on the heels of a 10 million round, led by Deccasonic, and including participation from Polygon Ventures and others.
1:44.7	So, congrats on that.
1:46.3	I wanted to start on the Starbucks thing.
1:48.2	It was a real talker for us yesterday.
1:50.3	And I wanted to pose the question to you.
	...

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