Maker price rallies to a new all-time high as the MakerDAO community makes preparations to become fully decentralized.
Despite attracting more than $1 billion, Fei protocol’s genesis event hasn’t been entirely smooth sailing — with LPs facing losses if they withdraw soon.
Kevin Weil has previously said that the launch of the Facebook-backed stablecoin would be “a journey of years and decades.”
The Baht-pegged stablecoin produced by Terra has come under fire from Thai bankers.
The new coin is named after a god in Irish mythology and will go by the ticker symbol EURL.
Bitcoin dropped below $60,000 on Sunday after new all-time highs, but stablecoin inflows show this is not a big concern.
“Techemynt felt it was an ideal time to fill the gap in the market and lead the creation of a NZD-based stablecoin,” said Fran Strajnar.
The RAI stablecoin will attempt to bring stability to DeFi markets with the long-term goal of becoming a stable global reserve asset not tied to any nation’s currency.
Venus protocol becomes the top-ranked DeFi platform on the Binance Smart Chain as XVS price and the total value locked in the platform reach new highs.
The price of Bitcoin broke past $49,000 to achieve a new all-time high across major exchanges.