Dai and Ethena USDe both aim for a $1 price, but use very different strategies to get there. Both stablecoins handled recent market volatility with only minor, short-lived price blips. Choosing ...

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. MakerDAO, one of the largest decentralized autonomous ...

The DAI savings rate was increased to 1% in December 2022, leading to 35 million DAI being deposited in a month, according to MakerDAO. The community of Ethereum-based decentralized finance (DeFi) ...

There is no recent news for this security. Got a confidential news tip? We want to hear from you. Sign up for free newsletters and get more CNBC delivered to your inbox Get this delivered to your ...

MakerDAO (CRYPTO: DAI) transferred $250 million, half of the $500 million it holds, from its Coinbase (NASDAQ: COIN) custody account to DAI’s peg stability module (PSM). The goal is to protect the peg ...

Ethena USDe is a synthetic stablecoin designed to be worth 1 American dollar per coin. So far, so ordinary. It's using unconventional methods, though. This may sound like a rickety mathematical ...