2min chapter

Acquired cover image

Ethereum

Acquired

CHAPTER

Decentralized Stable Coins - The World of Computer

First major defi project was maker dow. Now suddenly you don't necessarily need a specific counterparty to trade with. Before this compound event, at the start of 20 20, there was about one billion us D wr of collateral that was in defi. By the end of the summer last year, it was 12 billion dollars. In may of 20 21, last month, it hit a hundred billion dollars, us d equivalent, in just half a market cap of eth of eth ye.

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