Ethena Labs, the creators of USDe, have incorporated Bitcoin (BTC) as backing into their synthetic dollar-pegged offering. This move aims to scale USDe’s supply from its current $2 billion mark. BTC to Boost…
#BREAKING #China #Secretly #Backing #Bitcoin source
MakerDAO co-founder Rune Christensen plans to sell up to $3.5 billion in USDC for Ethereum — a move that could result in its DAI stablecoin losing its dollar peg. DAI is 32% backed…