Babel Finance Mulls Crypto-Backed Stablecoin to Repay $766M: Report
The firm's sole director is hoping to roll out a DeFi platform to begin paying back creditors.
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Mar 6, 2023 at 12:29 p.m. UTC
Mar 6, 2023
Oliver Knight joined CoinDesk as a news reporter in April 2022. Before joining CoinDesk, Knight was the Chief Reporter at Coin Rivet for three years. Having graduated with a journalism degree from Birmingham City University, Knight went on to work at various sports publications before diving into the world of Bitcoin in 2014. He does not have any crypto holdings.