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DAI Takes the Reigns as the Leading Decentralized Stablecoin by Market Capitalization

news.bitcoin.com

Following the demise of the Terra-based stablecoin UST, the fiat-pegged token DAI has become the largest decentralized stablecoin in existence today. Moreover, Makerdao has regained the decentralized finance (defi) protocol's position as the top defi protocol in terms of total value locked (TVL). Makerdao's DAI Regains the Top Decentralized Stablecoin Position This month, it's quite

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Maker DeFi Token Surged 30% As Users Choose DAI Over Terra - DCForecasts

The Maker DEFI token surged 30% as the users flocked to DAI after the recent collapse of Terra as we reported earlier in the cryptocurrency news. While the crypto markets staged a rebound on Friday morning, the MakerDAO governance token MKR surged by 30% as investors bet on the DAI Stablecoin amid the Terra collapse.


Maker's Token Surges 30% And DAI Stablecoin Surpassed UST - DCForecasts

Maker's token surges 30% and its DAI stablecoin also became the fourth biggest stablecoin by market cap thanks to the UST crash as we can see more today in our latest altcoin news. Maker's token surged 30% overnight and the DAI stablecoin benefited from the UST crash which slipped below $0.30 and helped DAI to

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