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Vitalik Buterin-named wallet makes headlines with $700k RAI stablecoin purchase

www.cryptopolitan.com

A wallet labeled after Ethereum co-founder Vitalik Buterin sent 500 ether, worth approximately $700,000, to mint the lesser-known RAI stablecoin over the weekend. The funds were then used to purchase USD Coin (USDC), trading below its $1 peg.

Read in Full: www.cryptopolitan.com

Timeline of Rai

Bitcoin Bitcoin
66917.8000 0.19%
Ethereum Ethereum
3074.67000 -1.07%
BNB BNB
576.259000 -0.14%
Solana Solana
167.765000 -2.48%
XRP XRP
0.51357100 -1.58%