DAI, known for its role in the DeFi sector, has witnessed a series of significant market occurrences. Under MiCA regulations, DAI and other stablecoins have raised controversy.
Ethena’s USDe has reportedly surpassed DAI and has become the third largest stablecoin.
MakerDAO has rebranded to
Sky and upgraded its DAI stablecoin to USDS. Notably,
crypto sales involving DAI are tax-free in Italy. However, by the end of March, Binance will delist USDT and DAI in Europe. DAI's stablecoin, following the rebrand, rapidly attained $490m within five days. Major exchanges like Binance and Crypto.com are preparing to delist stablecoins like USDT and DAI due to regulatory reasons. In an interesting development, The Dai Lo has announced its acquisition of Fractal Network. Also,
MakerDAO now known as Sky, introduces new governance token alongside its rebranding plans. Crypto.com and Coinbase will delist DAI and other stablecoins in the following months. Furthermore, Sky is set to launch USDS stablecoin on Solana and MakerDAO aims for a $100bn stablecoin, despite a delay caused by AI. There's also been a flurry of activity around stablecoins, which are playing a pivotal role in the broader crypto space.
DAI Coin News Analytics from Thu, 28 Dec 2017 03:05:08 GMT to Tue, 06 May 2025 12:23:05 GMT -
Rating 5
- Innovation 3
- Information 7
- Rumor -3
