Decentralized Stablecoin – Miami Crypto Coin

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DAI Takes the Reigns as the Leading Decentralized Stablecoin by Market Capitalization

Post author:MiamiCrypto
Post published:May 29, 2022
Post category:Altcoins DAI Dai Stablecoin DAI trade volume Decentralized Stablecoin Exchange rate fiat pegged token LUNA Maker makerdao MKR overcollateralization Stablecoins Terra Terra’s implosion tusd USD USDC USDT UST

Following the demise of the Terra-based stablecoin UST, the fiat-pegged token DAI has become the largest decentralized stablecoin in existence today. Moreover, Makerdao has regained the decentralized finance (defi) protocol’s…

Terra’s Algorithmic Dollar-Pegged Crypto UST Is Now the Third-Largest Stablecoin

Post author:MiamiCrypto
Post published:April 18, 2022
Post category:Algorithmic stablecoin Altcoins BSC-Based Stablecoin Burn LUNA BUSD Centralized Stablecoin DAI Decentralized Stablecoin LUNA Luna Burn over-collateralization Stablecoin stablecoin assets terra (LUNA)Terra Network Terra stablecoin Tether Tether (USDT)USD USDC usdcoin (USDC)USDT UST

The algorithmic stablecoin stemming from the Terra (LUNA) network has become the third-largest stablecoin token in terms of market capitalization at $17.54 billion. As of today, UST’s market capitalization has…