Last week, Rune Christtensen, founder of MakerDAO, the issuer of the dai stablecoin, said the U.S. sanction will likely usher in a “new age” of DeFi. Whereas the pre-sanction period emphasized user acquisition and protocol growth, the new period would recenter decentralization as a primary goal. What this means is still in process, though Christensen suggested that Maker could de-peg its stablecoin from the U.S. dollar, which represents a wild departure from its existing project.
Related posts
-
DeFi Gigabrain Tarun Chitra on ETH Staking, Restaking and Why ‘Financial Nihilism’ Is a Real Consumer Product
Crypto is a world built for autodidacts, a playground for polymaths. Tarun Chitra, the founder of... -
Bitcoin Cash eyes partnership with Cardano as investors flock to Rollblock
Disclosure: This article does not represent investment advice. The content and materials featured on this page... -
Bitcoin Cash Price At Make-Or-Break Moment, Key Levels To Watch
Bitcoin Cash price extended losses and traded below the $450 support. BCH is consolidating and might...