Tagged: Stablecoin

Third-Largest Bank in France Societe Generale Proposes Use of Defi Protocol Makerdao 0

Third-Largest Bank in France Societe Generale Proposes Use of Defi Protocol Makerdao

French multinational investment bank and financial services company, Societe Generale, has proposed to leverage the decentralized finance (defi) protocol Makerdao. The proposal dubbed “Security Tokens Refinancing” was published on October 1 to Makerdao’s forums...

SEC Denies Freedom of Information Act Request Concerning Tether Documents 0

SEC Denies Freedom of Information Act Request Concerning Tether Documents

On September 24, the staff writer for The New Republic, Jacob Silverman, tweeted about a Freedom of Information Act (FOIA) request he filed that was ultimately denied. On the social media platform, Silverman wrote...

Valuation of Stablecoin DAI Market Swells — DAI Market Cap Increased More Than 800% in 12 Months 0

Valuation of Stablecoin DAI Market Swells — DAI Market Cap Increased More Than 800% in 12 Months

Recently Bitcoin.com News covered the stablecoin tether and how the crypto asset’s market valuation jumped more than 1,500% in just over 500 days. In addition to this exponential increase, the decentralized stablecoin DAI’s market...