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MakerDAO Founder Suggests ‘Seriously Considering’ Depegging DAI from USD


MakerDAO (decentralized autonomous organization) founder Rune Christensen has called for the community members to consider depegging Maker (MKR)’s stablecoin DAI from USD, and perhaps (slowly) getting into ethereum (ETH) – which Vitalik Buterin argued would be a “terrible idea.” Writing in...

USD Coin to Overtake Rival Stablecoin Tether in Coming Years - Survey


Circle-issued, the second most popular stablecoin, USD Coin (USDC), has the potential to overtake the most popular stablecoin, tether (USDT), in coming years, according to a survey of analysts. Most of the respondents claim that USDC will benefit from its better regulatory status, which could...

The Number of Euro-Pegged Stablecoins Has Swelled 1,683% Since 2020


While the stablecoin economy is worth roughly $153 billion today, euro-backed stablecoin issuance has increased 1,683% from $31.9 million worth of euro-based tokens on January 3, 2020, to today’s $569 million. Since November 2021, the number of euro stablecoins swelled by 85.34%, but from...

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