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Crypto Lender MakerDAO Boosts U.S. Treasury Holdings With $700M Purchase to Strengthen DAI Stablecoin Backing

Crypto Lender MakerDAO Boosts U.S. Treasury Holdings With $700M Purchase to Strengthen DAI Stablecoin Backing
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Allan Pedersen , Sheldon Reback , Rune Christensen , Paxos Dollar , Gemini Dollar ,

Gemini Dollar and Paxos Dollar Holdings Cut as MakerDAO Hikes DAI Savings Rate

The move could redefine baseline interest rates in the DeFi space, spurring higher stablecoin lending rates and making leverage more expensive, one analyst noted. ....

Stephen Alpher , Blending Platform , Moves Forward With , Gemini Dollar , Paxos Dollar , Blocktower Andromeda ,

MakerDAO Votes to Ditch $500 Million USDP From DAI Stablecoin Reserve

The result is a significant blow for Paxos as MakerDAO currently holds roughly half of USDP’s total supply. ....

New York , United States , Paxos Dollar ,

MakerDAO votes to keep USDC as primary collateral, rejects 'diversification' plan

Over 79% of voters approved the option to keep USDC as the protocol’s primary collateral. ....

Gemini Dollar , Paxos Dollar , Score Unit , Risk Core Unit ,