Defi and Algorithmic Stablecoin Demand Grows in 2021 Despite Large Centralize...

Defi and Algorithmic Stablecoin Demand Grows in 2021 Despite Large Centralize...

On Wednesday, October 13, 2021, the market capitalization of all the stablecoins in existence is around $134 billion, which is 5.60% of the entire $2.4 trillion crypto economy. While centralized stablecoin projects dominate the pack of dollar-pegged tokens, a great number of decentralized stablecoins have been moving in on these centralized competitors. Algorithmic or defi-styled stablecoin market caps have accrued billions of dollars this past year. While Tether and USD Coin Eclipse the Market, Algorithmic Defi Stablecoins Still Shine Tether (USDT) is one of the oldest and the largest....


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Messari: USDC set to become ‘dominant’ stablecoin on Ethereum

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Polygon-Based Defi Stablecoin Safedollar Plunges to Zero — Team Is Investigat...

The algorithmic decentralized finance (defi) stablecoin safedollar (SDO) has been attacked, according to statements published on its Telegram channel. The safedollar token did not remain stable following the attack, as the defi stablecoin’s price collapsed to zero. Safedollar Stablecoin Price Collapses A Polygon (MATIC) blockchain-based stablecoin called safedollar (SDO) has lost all of its value, according to crypto market aggregation sites and even the official website safedollar.fi. The website shows the price per SDO is zero and members of the algorithmic defi stablecoin....

VC Backed Billion-Dollar Stablecoin Project Fei Protocol Falls Below the USD Peg

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Algorithmic Stability: How FRAX Is Developing the Future of Stablecoins

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Finance Redefined: The curious implications of algorithmic stablecoins, Dec. 2–9

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