On May 13, Circle’s chief monetary officer Jeremy Fox-Geen revealed a weblog publish referred to as “How to Be Stable,” following the aftermath of Terra’s
Tag: DAI
Stablecoin Shuffle — Terra Fiasco Shakes up Fiat-Pegged Crypto Economy, Over $35 Billion Disappears
According to statistics on Friday, May 13, the highest stablecoins by market capitalization are at the moment price $163.7 billion after the stablecoin economic system
Tron’s Justin Sun Reveals Decentralized Algorithmic Stablecoin USDD
On April 21, Justin Sun, the founding father of Tron, introduced the launch of a decentralized algorithmic stablecoin referred to as USDD. Sun stated on
Makerdao Plans to Integrate Ethereum L2 Solution Starknet to Lower DAI Transaction Costs
The decentralized finance (defi) challenge Makerdao has introduced its plans to help the zero-knowledge (ZK) rollup answer Starknet with a purpose to make DAI transactions
Terra’s Algorithmic Dollar-Pegged Crypto UST Is Now the Third-Largest Stablecoin
The algorithmic stablecoin stemming from the Terra (LUNA) community has change into the third-largest stablecoin token when it comes to market capitalization at $17.54 billion.
Stablecoin Economy Is $10 Billion Away From Reaching a $200 Billion Market Cap
The stablecoin economic system has grown over the last month because the market capitalization is now solely $10 billion away from reaching the $200 billion
Makerdao Dev Insists Defi Protocol Should Leverage Real World Assets to Scale
On March 16, the protocol engineer at Makerdao and co-founder of the software program and design agency Bellwood Studios, Hexonaut, introduced a proposal to make
Hacker Siphons $3 Million Worth of DAI and ETH From Defi Protocol Deus Finance
Another decentralized finance (defi) protocol was breached this week after it was found {that a} hacker exploited the bilateral over-the-counter (OTC) derivatives platform Deus Finance.
Stablecoin Economy Nears $200B, UST Supply Jumps Higher, USDN Spikes 43% in 30 Days
During the final 12 months the stablecoin financial system has grown huge and the present valuation at this time is barely $13 billion away from
Luna Foundation Guard Raises $1 Billion to Safeguard UST Dollar Peg
The Luna Foundation Guard (LFG) has raised $1 billion in a non-public token sale to permit the group to safeguard the peg of UST, Terra’s