DAI

100-Year-Old Pennsylvania-Based Bank Approved to Leverage Makerdao’s Stablecoin Vault

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Makerdao, the decentralized autonomous organization (DAO) that issues the stablecoin DAI, approved a governance proposal that provides “collateral integration from a U.S.-based bank.” The Makerdao governance proposal passed by a majority vote of more than 87%, and it gives the U.S….

Stablecoin Market Nears 15% of the Entire Crypto Economy’s Market Valuation

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Roughly two months ago on April 11, the stablecoin economy was valued at $190 billion and was getting closer to surpassing $200 billion in value. Sin embargo, after the Terra stablecoin fallout, the fiat-pegged token economy lost $16.31 billion in value since…

Compras de reserva de Tron DAO $38 Millones en TRX para Salvaguardar la Stablecoin USDD

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En mayo 5, tron’La moneda estable algorítmica USDD se puso en marcha y hasta ahora, el token fiduciario se ha incluido en una serie de finanzas descentralizadas (definitivamente) protocolos. Dos días después, la Reserva Tron DAO anunció que compró 504.6 millones de tron (TRX) a…

Tron’s Justin Sun Reveals Decentralized Algorithmic Stablecoin USDD

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En abril 21, Justin Sun, el fundador de tron, announced the launch of a decentralized algorithmic stablecoin called USDD. Sun said on Thursday that the USDD Network will “provide custody service for the $10 [mil millones] worth of highly liquid assets raised…

Luna Foundation Guard Raises $1 Billion to Safeguard UST Dollar Peg

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The Luna Foundation Guard (GRS) ha incrementado $1 billion in a private token sale to allow the group to safeguard the peg of UST, Tierra’s flagship stablecoin, against market instabilities. While the token has an algorithmic method to maintain its dollar…

Stablecoin Economy Continues to Balloon as USDC’s Market Cap Crosses $50 mil millones

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As the entire lot of 12,333 digital currencies hovers just above $1.8 trillion in value, the stablecoin economy has recently swelled to $178.8 billion or 9.9% of the entire crypto economy. Out of the top five stablecoins, moneda de usd (USDC) saw…

Terra Proposal Seeks to Expand UST Stablecoin to 5 Different Defi Protocols

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En enero 6, Terra Research announced a proposal to expand the network’s stablecoin asset terrausd (UST) across a number of different protocols on Polygon, Etéreo, and Solana. Tierra’s governance blog post discusses how the proposal to leverage $139 million of UST…

Coinbase Launches Defi Yield Earning Service to Over 70 Countries, United States Not Included

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The cryptocurrency exchange Coinbase has revealed that it has made decentralized finance (definitivamente) more accessible by giving Coinbase customers from over 70 countries access to earning yield on the stablecoin DAI. Coinbase claims the process is simple with “no fees, lockups,…