“We’re building something better than all of those combined,” it said in a blog post. The company’s mission has also been described as an effort to use cryptocurrency as a way “to marry savings and spending,” according to this CoinList article.

https://techcrunch.com/2021/03/05/eco-raises-26m-in-a16z-led-round-to-scale-its-digital-cryptocurrency-platform/?tpcc=TCdailynewsletter