1inch Exchange, a leading DEX aggregator, has added support for MakerDAO’s Peg Stability Module (PSM). This feature allows users to swap DAI:USDC at a 1:1 ratio while charging a nominal… Read more »
Key Takeaways Maker users have minted $2 billion worth of the DAI stablecoin. Growing demand for the coin may be driven by a higher debt ceiling and the transition to… Read more »
MakerDAO’s DAI stablecoin is the latest crypto unicorn with a $1 billion market cap. DeFi’s total value locked hit a lifetime high. Hedge fund billionaire Ray Dalio said yesterday he… Read more »
Decentralized finance’s (DeFi) explosive third-quarter brought significant growth to Ethereum (ETH)-compatible stablecoins. According to crypto market data aggregator Messari, the supply of MakerDAO’s DAI stablecoin grew by 623% in Q3… Read more »
While tether (USDT), with a market cap surpassing $16 billion, continues to hold the lion’s share of stablecoins in circulation, two smaller rivals are trouncing it in crypto’s hottest market… Read more »