What Are Stablecoins?
A stablecoin is a type of cryptocurrency whose value is tied to an outside asset, such as the U.S. dollar or gold, to stabilize the price.
Terraform Labs just activated Anchor, a DeFi protocol promising 20% returns.
Buying in these stablecoins may foretell where the crypto market is going.
"Real world" assets have entered DeFi, as the Maker protocol reportedly just minted $38,000 of dai stablecoins to finance a mortgage loan.
Volume on eight trusted exchanges used by CoinDesk hit $239.98 billion in Q4 2020, up from $90.08 billion in the prior quarter.
Maker's MKR token surged to its highest level in more than two years.