Home For Sale Real Estate Sign in Front of New House. (Getty Images)
Real Estate-Backed Stablecoin USDR De-Pegs After Treasury Was Drained of Liquid Assets
On-chain data suggests that USDR's treasury was drained of liquid assets, leading to a run on the stablecoin.
Home For Sale Real Estate Sign in Front of New House. (Getty Images)

Rune Christensen, MakerDAO founder (Original image by Trevor Jones)
DAI Stablecoin Surpasses $5B Market Cap on Higher Yield, Lifting Spark Protocol
The recently-introduced Enhanced Dai Savings Rate reversed some of the token’s decline in market value.
Rune Christensen, MakerDAO founder (Original image by Trevor Jones)

Coinbase CEO Brian Armstrong (Coinbase)
Coinbase Will Suspend USDT, DAI and RAI Trading for Canadian Users
The exchange expanded its services in Canada earlier this week.
Coinbase CEO Brian Armstrong (Coinbase)

Rune Christensen (Trevor Jones)
MakerDAO Looks to Ignite Growth for $4.6B DAI Stablecoin With Up to 8% Reward
The circulation of Maker’s DAI stablecoin has shrunk by a third over the past year.
Rune Christensen (Trevor Jones)

MakerDAO founder Rune Christensen (CoinDesk TV)
MakerDAO Boosts U.S. Treasury Holdings by $700M to Back DAI Stablecoin With Real-World Assets
The purchase is the latest step to increase the role of real-world assets in the platform’s DAI stablecoin reserve.
MakerDAO founder Rune Christensen (CoinDesk TV)

MakerDAO founder Rune Christensen (Original image by Trevor Jones)
MakerDAO Hikes DAI Savings Rate, Ousts Paxos Dollar, Curbs Gemini Dollar in Reserve
The move could redefine baseline interest rates in the DeFi space, spurring higher stablecoin lending rates and making leverage more expensive, one analyst noted.
MakerDAO founder Rune Christensen (Original image by Trevor Jones)

Gemini founders Tyler and Cameron Winklevoss (Joe Raedle/Getty Images)
MakerDAO Weighs Ditching $390M of Gemini Dollars from DAI Reserve
The result could have a significant impact on Gemini and its stablecoin as MakerDAO’s reserve holds roughly 88% of total GUSD supply.
Gemini founders Tyler and Cameron Winklevoss (Joe Raedle/Getty Images)

$200m DAI flash loan (Arkham)
Someone Flash Loaned $200M From MakerDAO to Make $3 Profit
An arbitrage bot took advantage of MakerDAO's 'DssFlash' contract, creating a $200 million flash loan to extract $3 in profit.
$200m DAI flash loan (Arkham)

(Alfred Gescheidt/Getty Images)
New Stablecoin Issuer Raft Is Eschewing Fiat for Its Financial Backing
Its R stablecoin is collateralized by one crypto asset: liquid staking leader Lido’s staked ether (stETH).
(Alfred Gescheidt/Getty Images)

MakerDAO Set for $1.28B Treasury Purchase
MakerDAO Set for $1.28B Treasury Purchase
The community governing MakerDAO, the decentralized autonomous organization (DAO) behind stablecoin DAI, has paved the way to purchase up to an additional $1.28 billion in U.S...
MakerDAO Set for $1.28B Treasury Purchase