In a recent announcement on the social media platform X (formerly Twitter), MakerDAO, the Ethereum-based protocol responsible for issuing the…
DAI
The stablecoin sector achieved a significant milestone on March 20, 2024, hitting the $150 billion mark as the dollar-anchored market…
In the past 12 days, the stablecoin sector has experienced a growth of $4.95 billion, reaching a new 2024 high…
The stablecoin sector experienced a $3.26 billion expansion within the last eight days, climbing from $140.82 billion to $144.08 billion…
In the opening fortnight of February, the stablecoin domain expanded by $1.7 billion, marking a significant rise. The value of…
Statistics reveal that since the onset of February 2024, the stablecoin sector has experienced a significant expansion, with an increase…
On-chain data reveals that whales and new wallets are scooping more Maker (MKR), which seems to be propping the token, fanning demand.…
Decentralized stablecoins may eventually dominate the stablecoin market, so long as crypto “ends up living up to its potential,” says…
Amidst the constant price swings and uncertainties that plague the crypto market, stablecoins have become an invaluable asset for investors…
Dollar-pegged stablecoins are not immune to dropping their pegs but some such as Circle’s USD Coin (USDC) and MakerDAO’s Dai…
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