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DAI seems unable to get its dollar peg back as it stays comfortably at $0.999.

The MakerDAO creator discusses the motivation behind the ambitious Endgame proposal in a wide-ranging interview.

Despite having no profiting outlook, stablecoins are part of every single investor, and there is more than one reason behind that. These are easily understandable by their name, Stablecoins, as in a comparatively stable cryptocurrency.

The original DAI will eventually phase out as users continue using PureDai or NewStable.

DAI's supply has been growing at a rapid pace since early March, rising more than 20%.

Aave has reduced its loan-to-value requirements for DAI after MakerDAO's stablecoin gained indirect exposure to Ethena's USDe.

Ethereum recorded unexpected growth in its stablecoins volume in April, led by the increasing use of DAI.

Flash loans using DAI appear to have pushed Ethereum stablecoin volumes to their highest monthly levels seen yet.

The volume of transactions of stablecoins, Tether (USDT), USD Coin (USDC) and DAI, has surpassed that of Visa in 2023.

Transaction volume in the past 30 days for Tether, USDC, and DAI, has surpassed Visa's 2023 monthly average, according to Nansen.

As fiat assets flow into the blockchain world, investors seek the best stablecoins, recognizing their role in future finance.

DAI's $240B record weekly transaction volume eclipsed the rest of the stablecoins combined.

In a recent announcement on the social media platform X (formerly Twitter), MakerDAO, the Ethereum-based protocol responsible for issuing the DAI algorithmic stablecoin, provided insights into the performance of the Maker Protocol following recent changes. Over the past few weeks, MakerDAO has implemented significant updates to the protocol and the DAI stablecoin.

In a recent governance vote, MakerDAO, the decentralized autonomous organization behind the Dai stablecoin, has approved an expansion of its direct deposit module's deb.

MakerDAO approves plan to back up to $1 billion DAI with USDe and sUSDe.

This allocation aims to broaden MakerDAO's collateral exposure by incorporating Ethena's USDe into its ecosystem via Morpho.

AaveDAO, a decentralized autonomous organisation supervising the Aave crypto lending platform, is currently weighing a risky proposal of Chaos Labs for Dai (DAI) collateral limits at this time.

AaveDAO risk management contractor Chaos Labs proposed a 12% reduction in the Dai loan-to-value ratio after the stablecoin became partially backed by eUSD.

The decentralized finance (DeFi) protocol Maker (MKR) is considering allocating up to $600 million worth of its stablecoin DAI into markets for Ethena's synthetic dollar, USDe. Last week, Maker deployed 100 million DAI to Spark's sUSDe/DAI and USDe/DAI markets on Morpho Blue, a lending protocol on Ethereum (ETH).

Aave is proposing a new framework as it gears up for the DeFi competition, ahead of MakerDAO's upgrade plans this year.

The cumulative supply of Tether, USD Coin, and Dai has risen to 141.42 billion dollars.

TL;DR Ethena Labs ENA Token: Ethena Labs has launched its governance token, ENA, with strong market anticipation reflected in prelaunch futures trading. The token debuted at 64 cents, aiming to strengthen Ethena's DeFi market presence and governance.

The Aave Risk Framework Committee (ARFC) has proposed adjustments to the risk parameters of the dai (DAI) stablecoin to mitigate potential risks associated with Makerdao's aggressive expansion of the DAI credit line.

The proposal aims to lower risks with minimal user impact, as only a tiny portion of DAI is collateral on Aave, and users can switch to USDC or USDT.