The senior deputy governor of South Korea's central bank said it was desirable to introduce won-denominated stablecoins at a gradual pace, first with rigorously-regulated commercial banks. Stablecoins ...

The analysis revealed that USDC and DAI have spent more time below a dollar than USDT and BUSD over the past two years. In the longest and deepest de-peg event, USDC was below $0.90 for 23 minutes ...

Earlier this week it was split evenly among USDT, USDC and DAI, as is supposed to occur. Meanwhile, Tron’s USDD has also been knocked off its peg and is down to 93 cents. Tether remains pegged ...

MakerDAO’s DAI stablecoin could be due for a makeover. In a call with community members on Thursday, Rune Christensen, the founder of Ethereum’s MakerDAO, said the stablecoin-issuing protocol ...

Coins with Ethereum's logo and US dollar bills are seen in Shiyan city, Hubei Province, China. Future Publishing via Getty Images MakerDAO’s DAI DAI -0.1% is the largest crypto-backed stablecoin ...

Moreover, DAI coins are always over collateralized, meaning that they are backed by other cryptocurrencies always higher than a simple 1:1 ratio. Finally, the supply of DAI is dynamic and there is ...

Acala Chief Growth Officer Dan Reecer joins Jill Malandrino on Nasdaq TradeTalks to discuss why over collateralized stablecoins like DAI and aUSD are surviving the storm.

In addition to DAI, current market developments bring to light other newly introduced stable coins that also offer one-is-to-one stability. The UICB (USD ICB stable coin) and EICB (Euro ICB stable ...

TALLINN, Estonia, Dec. 14, 2021 (GLOBE NEWSWIRE) -- The Embily crypto banking team is delighted to announce that the service has implemented support for the DAI and USD Coin, making them available for ...

Certainly, none of these projects is as established as a brand like Microsoft or Apple, but each one has earned some level of trust from the DeFi investor community. In crypto, that’s worth its weight ...

Tether has been around for years and is by far the largest stablecoin available. We also have stablecoins such as USDC, PAX, Gemini Coin, and Facebook's upcoming Diem (formerly Libra) all competing to ...