Maker doubled the debt ceiling of its staked ether (stETH) vault this week. (Horst Schwalm/Pixabay)
Crypto Lender Maker Turns to Staked Ether to Reduce USDC Influence
The development is part of a move away from centralized crypto products such as stablecoins.
Maker doubled the debt ceiling of its staked ether (stETH) vault this week. (Horst Schwalm/Pixabay)

(Ricardo Ceppi/Getty Images, modified by CoinDesk)
Crypto Isn’t a Protest Tool; It’s a Survival Tool
A look at the role of stablecoins and other cryptos in high-inflation countries like Argentina.
(Ricardo Ceppi/Getty Images, modified by CoinDesk)

MakerDAO Founder on Tornado Cash, Stablecoin DAI, Ethereum Merge
MakerDAO Founder on Tornado Cash, Stablecoin DAI, Ethereum Merge
The U.S. Treasury has sanctioned crypto mixer Tornado Cash, which could have a ripple effect across the industry. Rune Christensen, founder of Ethereum’s pioneering decentrali...
MakerDAO Founder on Tornado Cash, Stablecoin DAI, Ethereum Merge

Liquid staking giant Lido to offer an ether staking service on Ethereum layer 2 networks. (geralt/Pixabay, PhotoMosh)
Lido Finance Will Soon Offer Staked Ether on Layer 2 Networks, Proposes to Sell LDO for DAI
The expansion to layer 2 means lower fees and more yield-generating opportunities for investors staking ether.
Liquid staking giant Lido to offer an ether staking service on Ethereum layer 2 networks. (geralt/Pixabay, PhotoMosh)

Buenbit CEO Federico Ogue (Buenbit)
Argentinian Exchange Buenbit Launches Crypto Loans, Plans New Funding After Layoffs
Users of the platform will be able to withdraw up to $3,333 in nuARS, a stablecoin tied to the Argentinian peso, using MakerDAO’s DAI as collateral.
Buenbit CEO Federico Ogue (Buenbit)

(hernan4429/Getty Images, modified by CoinDesk)
Why Argentina Is Paying a Premium for Stablecoins
Citizens flooded into DAI and tether after the country’s economic minister announced his resignation on Saturday.
(hernan4429/Getty Images, modified by CoinDesk)

(artpartner-images/The Image Bank/Getty)
MakerDAO Cuts Off Its AAVE-DAI Direct Deposit Module
MakerDAO is temporarily stopping DAI from being minted and deposited in Aave’s crypto lending platform.
(artpartner-images/The Image Bank/Getty)

Rune Christensen (CoinDesk TV, modified by CoinDesk)
Dai Creator Rune Christensen on Terra's Collapse
The MakerDAO founder said on CoinDesk TV’s “First Mover” that he wasn’t in the mood to say “I told you so,” following Terra’s stablecoin collapse.
Rune Christensen (CoinDesk TV, modified by CoinDesk)

MakerDAO Founder: UST Was a 'Big Ponzi Scheme'
MakerDAO Founder: UST Was a ‘Big Ponzi Scheme’
In the aftermath of TerrUSD’s (UST) $14 billion collapse, Rune Christensen, founder of MakerDAO, a decentralized credit platform on Ethereum that supports the Dai (DAI) stable...
MakerDAO Founder: UST Was a 'Big Ponzi Scheme'

Stablecoins? (Amelia Spink/Unsplash)
‘Stable in Name Only’: Stablecoin Issuers Speak Out as UST Craters
Asset-backed projects want regulators to know that not all stablecoins are created equal.
Stablecoins? (Amelia Spink/Unsplash)