Do Kwon, a cofounder of Terraform Labs
'$DAI Will Die' Tweet Twisted Back on Terra's Kwon as UST Loses $1 Peg
Terra's UST briefly fell below $6.5 billion in market cap on Wednesday morning, allowing DAI to be the fourth-biggest stablecoin on the market for a time.
Do Kwon, a cofounder of Terraform Labs

(Eran Menashri/Unsplash)
Making MakerDAO Matter Again
Recent governance proposals aim to take DeFi’s once-dominant stablecoin issuer into the “real world.”
(Eran Menashri/Unsplash)

MakerDAO founder Rune Christensen on CoinDesk TV
MakerDAO’s Christensen Turns Optimistic After US Stablecoin Report
The founder of the crypto lender and stablecoin issuer had feared the worst about potential regulation.
MakerDAO founder Rune Christensen on CoinDesk TV

MakerDAO Founder on Biden Administration's Stablecoin Report
MakerDAO Founder on Biden Administration’s Stablecoin Report
A coalition of U.S. financial authorities under the Biden administration published its long-anticipated report and recommendations on the regulation of stablecoins last week.
MakerDAO Founder on Biden Administration's Stablecoin Report

Société Générale Applies for $20M MakerDAO Loan Using Bond Token Collateral
Société Générale Applies for $20M MakerDAO Loan Using Bond Token Collateral
In a proposal Thursday on MakerDAO’s governance forums, French multinational banking giant Société Générale (SocGen) applied for the DeFi lending platform to accept on-chain b...
Société Générale Applies for $20M MakerDAO Loan Using Bond Token Collateral

The Problem With El Salvador’s Bitcoin Law, Effective September 7
The Problem With El Salvador’s Bitcoin Law, Effective September 7
Bitcoin will become legal tender in El Salvador beginning September 7, El Salvador President Nayib Bukele announced Thursday during a national address. He added every citizen...
The Problem With El Salvador’s Bitcoin Law, Effective September 7

Terra co-founders Daniel Shin and Do Kwon (Terraform Labs)
Terra’s 25-Fold Price Jump This Year Shows Growing Bet on Algorithmic Stablecoins
The South Korean-based stablecoin platform Terra has seen its market capitalization overtake better-known decentralized rival Maker's.
Terra co-founders Daniel Shin and Do Kwon (Terraform Labs)

Maker Foundation CEO Rune Christensen.
Maker Price Passes $4K for First Time, as MakerDAO Brings Real Estate to DeFi
"Real world" assets have entered DeFi, as the Maker protocol reportedly just minted $38,000 of dai stablecoins to finance a mortgage loan.
Maker Foundation CEO Rune Christensen.

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Anchor Launch Puts UST in the Stablecoin Race Against DAI
Terraform Labs just activated Anchor, a DeFi protocol promising 20% returns.
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Circle founder and CEO Jeremy Allaire
Bullish Sign for Crypto? USDC and Dai Balances on Exchanges Hit Record Highs
Buying in these stablecoins may foretell where the crypto market is going.
Circle founder and CEO Jeremy Allaire