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).

New research by 10X Research has revealed the massive benefits on offer to users of a US Dollar-denominated stablecoin being launched within the Filecoin ecosystem. Filecoin is among the most ...

Unlike centralized stablecoins such as USDt (USDT) and USD Coin (USDC), managed by Tether and Circle respectively, DAI cannot be frozen by a centralized issuer, making it a valuable asset for ...

Falling ETH prices also threaten other DeFi loans, with potential liquidations that could further impact ETH's price.

ETH/USD four-hour price chart ... Withdrew $1.6 million in USDT from Binance, swapped it for DAI, and deposited into Maker. Reduced debt to $73.1 million while ETH’s price continued to decline.

"Zero Hash now enables our partners to embed PYUSD through our API and SDKs seamlessly,” said Edward Woodford, Founder and CEO at Zero Hash. “Zero Hash offers the tech stack that powers use cases ...