1. Home
  2. Makerdao’s DAI

Makerdao’s DAI

Stablecoin Economy Continues to Shrink Shedding Close to 5% in 2 Months

Stablecoin Economy Continues to Shrink Shedding Close to 5% in 2 MonthsDuring the last month, the market capitalization of all the stablecoins in existence dropped by more than 2%, shedding roughly $2.98 billion since the end of October. Statistics show that tether, the largest stablecoin by market valuation, saw its market cap lose more than 5% during the last 30 days. Tether’s market cap slipped from […]

Kraken Institutional 2024 in review: A year of innovation and growth

Following the Great UST Collapse, a Defi Project Plans to Launch a ‘Soft-Pegged Stablecoin’ Built on Terra

Following the Great UST Collapse, a Defi Project Plans to Launch a ‘Soft-Pegged Stablecoin’ Built on TerraFollowing the Terra stablecoin collapse last May, the Terra blockchain ecosystem has another stablecoin concept in the works called “Solid.” The stablecoin Solid and its white paper were revealed by a decentralized finance (defi) project, Capapult Finance, and the idea has been dubbed a “soft-pegged stablecoin” built on Terra. Terra Blockchain Ecosystem to See a […]

Kraken Institutional 2024 in review: A year of innovation and growth