Market Analysis

DAI Stablecoin Supply Surges by Almost $1B in a Week

August 13, 2023 0

The market cap of MakerDAO decentralized stablecoin DAI has increased by almost $1 billion in the last seven days after the DeFi protocol introduced an increased interest rate to attract more users. According to CoinMarketCap […]

Market Analysis

Curve Finance to Reimburse Users Impacted by Hack

August 12, 2023 0

Curve Finance said it had recovered 70% of the $62 million stolen from its liquidity pools in a July 30 reentrancy hack. The decentralized finance (DeFi) protocol promised to reimburse users impacted by the incident. The […]

How Global Stablecoin Use Supports Dollar’s Supremacy
Politics

Global Stablecoin Adoption Boosts Dollar Supremacy

August 12, 2023 0

Stablecoins are helping to maintain dollar supremacy as international users drive demand for dollar-denominated cryptocurrencies. The trend stands in contrast to narratives that depict crypto as a threat to the dominance of US dollars. Non-US […]