Amid The DeFi Boom Stablecoin Market Cap Surges

The increasing trend of decentralized finance (DeFi) protocols plays a significant role in the growth of stablecoins.

OMG Network Receive 3 million USDT after Collaborating with Tether

Tether has transferred almost 3 million USDT coins to the OMG Network, after collaborating with the OMG Network last week. 

Russia’s Leading Bank Plans To Develop Ruble Pegged Stablecoin

Sberbank, Russia’s major bank, is examining the feasibility of launching stablecoin. Bank is considering to launch stablecoin backed 1:1 to Ruble.

Coinbase Launch A New Rewards Program For DAI Holders To Earn Up To 2%

Coinbase launches a new reward program that allows its users from the US, U.K, Netherlands, Spain, France, and Australia to earn 2% interest by holding DAI.

USD Coin Market Cap Reaches $1 Billion

The DeFi boom’s key beneficiaries have been issuers of centralized stablecoins.