Maker’s MKR Token Surges to 2-Year High on DeFi Growth
Maker's MKR token surged to its highest level in more than two years.
"Real world" assets have entered DeFi, as the Maker protocol reportedly just minted $38,000 of dai stablecoins to finance a mortgage loan.
Terraform Labs just activated Anchor, a DeFi protocol promising 20% returns.
The South Korean-based stablecoin platform Terra has seen its market capitalization overtake better-known decentralized rival Maker's.
Buying in these stablecoins may foretell where the crypto market is going.
Volume on eight trusted exchanges used by CoinDesk hit $239.98 billion in Q4 2020, up from $90.08 billion in the prior quarter.