MakerDAO Weighs Using Emergency Switch to Prevent Future DAI D | ARcalls - 100xGems 🔕
MakerDAO Weighs Using Emergency Switch to Prevent Future DAI Depegging
The community proposal comes just two days after DAI followed its fellow stablecoin USDC in slipping beneath the one-dollar mark.
The community behind MakerDAO, the issuer of the $6.3 billion market cap DAI stablecoin, is considering emergency measures to protect DAI from slipping beneath the dollar mark as a nationwide banking crisis threatens crypto.
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