Tag: dai stablecoin

Aug 12 2022

Is MakerDAO Moving All Its USDC Funds to ETH? Vitalik Buterin Calls It Terrible Idea

In a big development, Rune Chirstensen, founder of MakerDAO has urged all the members to "seriously consider" preparing the depeg of the DAI stablecoin from the U.S. Dollar. The comments came on the MakerDAO discord channel...

Jun 02 2022

What is DAI? Here’s an alternative Stablecoin to USDT and USDC!

Jun 02 2022 Published at CryptoTicker under tags  altcoin blockchain crypto dai dai stablecoin

While Bitcoin, Ethereum, and many other altcoins take the spotlight of cryptocurrencies, Stablecoins are also worthy assets. Stablecoins are assets whose value pegs to another entity devoid of volatility and very stable. Today, the crypto market possesses more than 30 such assets. Today, one of such highly-rated stablecoin is the DAI token....

Mar 23 2022

Top 5 Biggest Stablecoins by Market Capitalization in 2022

Stablecoins are an extremely interesting group of cryptocurrencies that are playing an enormously important role with the increasing institutional adoption of cryptocurrencies. They protect investors with a stable exchange rate against FIAT currencies. Their importance should continue to increase in the future....

Jul 11 2021

Binance has a Stablecoin (BUSD) and It’s signaling a Crypto Bull Market

Jul 11 2021 Published at CryptoTicker under tags  binance binance usd bull market busd crypto

Stablecoins have always been a way to hedge the heavy price fluctuation in the cryptocurrency market. Crypto traders and investors often swap their cryptos to stablecoins everytime the market starts to crash. This often cashes out the earnings made from capital gains while preserving the value of the portfolio....

Oct 06 2020

DAI Comes to the Bitcoin Defi Ecosystem via RSK Integration

Oct 06 2020 Published at Bitcoinist.com under tags  bitcoin dai dai stablecoin industry

In a major breakthrough for the decentralized finance (DeFi) space, one of the most popular stable coins, DAI, has been made available for use on the applications in the RSK ecosystem, Bitcoin’s smart contracts platform. RSK and the RSK Infrastructure Framework (RIF) development team have achieved this by using the...

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