Daily Stableoin ecosystems news. Daily updates on Stablecoins news, apps and hacks.
For an industry that has decentralization in its very name, DeFi’s reliance on centralized stablecoins remains an Achilles’ heel, making it an easy target for overzealous regulators.
When decentralized exchanges started to take off in 2019, the designs were very simple, but simplicity in these marketplaces might soon be a distant memory. The most successful category of decentralized exchanges are the automated market makers (AMMs), such as Uniswap and Curve. The Cowri
Fei Protocol is fighting to make a comeback. Back in April, the project’s stablecoin, meant to maintain a $1 peg, dropped as low as $0.92 after raising 639,000 ETH, worth $1.3B, in its highly anticipated launch. The Andreessen Horowitz-backed project is still swinging however, and
New collateralized stablecoin, Magic Internet Money (MIM) is challenging MakerDAO, the grandaddy protocol of DeFi. MIM, issued by lending protocol Abracadabra, broke $1B in supply on Oct. 5, placing it seventh overall in terms of stablecoin market cap, according to CoinGecko. That’s $5.39B behind Maker’s
You may never be able to send a message from Telegram to a friend on WhatsApp, but you might be able to send dollars from a digital wallet issued by the U.S. Treasury to a wallet from the People’s Bank of China, only the recipient
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This guide is meant to be a one-stop-shop to get started. These are all the DeFi basics you will need to start exploring the internet of money.
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