Ethena’s USDe has surpassed
DAI to become the 3rd biggest stablecoin. The
DAI and Sky stablecoins have been viewed controversially under MiCA regulations, which also impacts Tether. DAI is poised for delisting from both
Binance and
Crypto.com by the end of Q1 2023 due to compliance issues. There is a significant increase in trading volumes for Ripple's RLUSD, overtaking DAI in 24 hours.
MakerDAO has rebranded to Sky, announcing a newer stablecoin and governance token, with a potential upgrade from DAI to USDS. Intriguing discoveries include a hacking incident where BYBIT hacker swapped $3.64 Million into DAI via decentralized exchanges and Ethereum whale experienced liquidation for $106M on Sky. Furthermore, Maker is targeting a $100bn stablecoin despite looming AI delay. Amid this volatility,
Vitalik minted 315k DAI after selling several meme coins for ETH. Lastly, the controversy sparked by Sky's USDS Stablecoin led Rune Christensen, founder of MakerDAO, to dismiss concerns. Meanwhile, DAI is still maintaining its dollar peg with strong market strength.
DAI Coin News Analytics from Thu, 28 Dec 2017 03:05:08 GMT to Mon, 02 Jun 2025 07:00:00 GMT -
Rating -2
- Innovation 4
- Information 6
- Rumor 1
