USDC Backing Maker’s Stablecoin DAI Plummets to 23%
The decentralized stablecoin DAI is undergoing a massive shift as MakerDAO reduces USDC exposure and opts for U.S. Treasury bills.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
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