[ad_1] The crypto market was again met with another stablecoin collapse after the UST as investors rushed to withdraw their funds. Circle, issuer of USD Coin (USDC), announced today that it faces…
Category: Dai
DAI Depegs to Lifetime Lows as Stablecoin Rout Plagues Crypto
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Crypto Investors’ $28M ‘Black Thursday’ Lawsuit Against DeFi Giant Maker Dismissed by US Judge
[ad_1] But Peter Johnson, the main plaintiff, claims that Maker advertises an over-warranty policy as protection that caps losses at 13% and that warranties go back to users. When the price of…
Binance Increases USDC Holdings as BUSD’s Market Cap Slides Lower – Bitcoin News
[ad_1] Eight days ago, Paxos announced that the company would no longer mint the BUSD stablecoin. Since then, the coin’s market cap has dipped lower as redemptions have become more prominent. Meanwhile,…
PODCAST: What does DAI’s future hold post-BUSD? MakerDAO joins the CoinJournal podcast
[ad_1] Key takeaways Sam MacPherson of MakerDAO, creator of decentralized stablecoin DAI, joins the podcast Sam and host Dan Ashmore discuss the future of stablecoin DAI following ties BUSD is about to…
What does DAI’s future hold post-BUSD? MakerDAO joins the CoinJournal podcast
[ad_1] Key takeaways Sam MacPherson of MakerDAO, creator of decentralized stablecoin DAI, joins the podcast Sam and host Dan Ashmore discuss the future of stablecoin DAI following ties BUSD is about to…
Allbridge Core has Integrated Polygon
[ad_1] Allbridge, a cross-chain solutions provider, recently integrated polygon with its stablecoin exchange platform, Allbridge Core. Polygon offers a new route for stablecoin exchange besides Ethereum, BNB Chain, Solana, and Tron. Introducing…
DeFi Platform MakerDAO Integrates Chainlink Automation for Stablecoin DAI ⋆ ZyCrypto
[ad_1] Advertisement     The move aims to stabilize stablecoins amidst a volatile market. According to Maker’s voting page, the new system will go live on February 11th. Cryptocurrency lending platform MakerDAO has…