News MakerDAO, the issuer of the U.S. dollar-pegged DAI stablecoin, asked for a "immediate executive proposal to limit threats to the protocol." MakerDAO said it had numerous collaterals "exposed to USDC tail risk" in light of the unprecedented depegging of the USD Coin (USDC $0.92) stablecoin that began on March 10. DAI is now secured by […] The post...
Mar 11 2023
MakerDAO submits proposal to resolve exposure of 3.1B USDC
| published by | Mercy Adeola |
|---|---|
| in blog | Coinscreed |
| original entry | MakerDAO submits proposal to resolve exposure of 3.1B USDC |
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