USDe has surpassed
DAI as the third-largest stablecoin in the market, contributing to a significant market shakeup.
Bitcoin-backed USDa is now the world's second-largest
CDP project, led only by MakerDAO's DAI.
Binance has planned to delist both
USDT and DAI in Europe by March 31, while the
DAI and
Sky stablecoins have gained prominence under
MiCA regulations. MakerDAO has rebranded to Sky, and the DAI stablecoin has options to upgrade to
USDS. Innovative practices have led to DAI's stablecoin rebrand hitting $490m in just five days. Increased whale activity in DAI has been noted, particularly on major dip buy days. A recent scammer even returned $9.3M in DAI to his/her victim ten months after phishing them. Amid these events, MakerDAO continues to innovate with the launch of its revamped stablecoin and governance tokens. However, criticisms and controversies have arisen surrounding the MakerDAO's overhaul and the 'freeze function' for Sky's new stablecoin. DeFi debates, linger particularly over DAI's growth risks.
DAI Coin News Analytics from Thu, 28 Dec 2017 03:05:08 GMT to Wed, 26 Mar 2025 17:59:17 GMT -
Rating 2
- Innovation -1
- Information 6
- Rumor -3
