Devs Debate Using USDC for Collateral After DAI Stablecoin Faces Liquidity Issues

Devs Debate Using USDC for Collateral After Stablecoin DAI Faces Liquidity IssuesSince March 12, the Makerdao community has been struggling with the stablecoin DAI which has been over $4 million undercollaterized since the crypto market carnage started. On March 18, the developers plan to auction newly minted maker (MKR) tokens in order to remove the outstanding debt. However, the auction might not be enough and the […]

The post Devs Debate Using USDC for Collateral After DAI Stablecoin Faces Liquidity Issues appeared first on Bitcoin News.

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