TRON DAO Reserve Addresses Questions Regarding USDD Stablecoin
Geneva, Switzerland / July 21 / – The TRON DAO Reserve (TDR) has officially answered some frequently asked questions from the community about USDD, the decentralized over-collateralized stablecoin on TRON. The USDD stablecoin is currently the most over-collateralized stablecoin across the entire cryptocurrency market. The core mission of USDD is to provide the blockchain world […]
MenaPay – The Stablecoin for Daily Payments
Stablecoins can be defined as cryptocurrencies that are pegged to real-world assets such as fiat currencies, gold or oil. As it’s pegged, the value of the stablecoin keeps stable unlike the volatility experienced in major cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH). Importance of Stablecoins With volatility being experienced in cryptocurrencies, stablecoins are much […]
a16z crypto purchases 6% of MKR, backing Stablecoin Vanguard MakerDAO
American venture capital fund Andreessen Horowitz has invested $15 million into blockchain startup MakerDAO (MKR). Signaling their support of MakerDAO’s Dai stablecoin, investment fund a16z crypto has purchased 6% of the total MKR token supply for $15 million USD. The purchase gives a16z crypto a stake in the first functional decentralized stablecoin and the only system built with formally […]