MakerDAO Pitches DeFi to the Masses at CES 2020
There's a "digital money" section on the show floor of this year's CES. MakerDAO's DAI is the only crypto with a booth.
A large drop in the price of ether is testing the feasibility of Ethereum's entire system of lending and borrowing.
This is the first new cryptocurrency added by Coinbase Commerce since it added USDC in May 2019.
MakerDAO has added a third asset to its decentralized finance (DeFi) platform, USD Coin (USDC), in response to the system’s flagship stablecoin, dai, continuing to float above its dollar peg.
PoolTogether is announcing a $1.05 million investment round as it adds a USDC pool to its DeFi-powered "no-loss lottery."
Though the industry is growing rapidly, a very small portion of addresses hold the majority of assets being locked and borrowed in the DeFi space.