DAI

Stablecoins Are Threatened by These Two Major Issues

On the heels of recent commentary from the published correspondence between Securities and Exchange Commission (SEC) chairman Jay Clayton and representative Ted Budd, SEC senior advisor Valerie Szczepanik explained at Austin’s SXSW conference that stablecoins may be violating current securities laws. Also read: Payglobal Provides Cryptocurrency to Fiat Transfers With Existing Bank Cards Stablecoins May […]

The post Stablecoins Are Threatened by These Two Major Issues appeared first on Bitcoin News.

MakerDAO Weighs Fourth Fee Hike as DAI Stablecoin Remains Below $1

MakerDAO token holders could soon be voting on another proposal to increase fees on the loans that issue new holdings of the stablecoin DAI.

Onchain Stablecoin Transactions Remain Low Despite Surge in Trade Volume

Stablecoins See Few On-Chain Transactions Despite Recent Surge in Exchange VolumeDespite many stablecoins ranking among the top 20 most traded crypto assets by monthly volume, a recent report has shown that there are few onchain transactions conducted using these fiat-pegged tokens. Also Read: Swiss Stock Exchange Launches Trading for ETH ETP DAI Sees Significant Onchain Usage Of the established stablecoins, DAI has recorded the largest […]

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MakerDAO Opens Token Holder Vote on Fee Hike for Ethereum Stablecoin

With the DAI's dollar-peg "almost at a breaking point," governance token holders are considering whether to raise the "Dai Stability Fee."

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