3 / 4 Relevant items tagged with #DAI

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MakerDAO Maintains Trust In USDC Despite Depeg Debacle

[Mar 25, 2023 10:15 PM] MakerDAO, the governance community of the popular DeFi lending platform Maker, has decided to keep using USD coin (USDC) as the primary reserve asset for the DAI stablecoin.  Although USDC experienced a temporary depeg earlier this month, an…

How MakerDAO Intervened, Saving DAI From Depegging

[Mar 13, 2023 12:30 PM] MakerDAO, the protocol behind the decentralized stablecoin DAI, intervened and saved its stablecoin from de-pegging following the collapse of Silicon Valley Bank (SVB). The failure of the tech lender significantly affected Circle’s…
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