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3232DAI Takes the Reigns as the Leading Decentralized Stablecoin by Market Capitalization
https://www.digit.info/dai-takes-the-reigns-as-the-leading-decentralized-stablecoin-by-market-capitalization/
Sun, 29 May 2022 14:00:42 +0000https://www.digit.info/2022/05/29/dai-takes-the-reigns-as-the-leading-decentralized-stablecoin-by-market-capitalization/Read more]]>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 […]
]]>Terra’s Algorithmic Dollar-Pegged Crypto UST Is Now the Third-Largest Stablecoin
https://www.digit.info/terras-algorithmic-dollar-pegged-crypto-ust-is-now-the-third-largest-stablecoin/
Mon, 18 Apr 2022 18:00:18 +0000https://www.digit.info/2022/04/18/terras-algorithmic-dollar-pegged-crypto-ust-is-now-the-third-largest-stablecoin/Read more]]>The algorithmic stablecoin stemming from the Terra (LUNA) network has become the third-largest stablecoin token in terms of market capitalization at $17.54 billion. As of today, UST’s market capitalization has surpassed the BSC-based stablecoin BUSD by more than $67 million. Stablecoin Terrausd Surpasses BUSD’s Market Valuation There’s a new leader in the world of stablecoins, […]