MakerDAO's New Stablecoins
Arbitrum Hits ATH In Newly Created Addresses, Two MIT Grads Exploit Ethereum And Steal $25M
MakerDAO has announced plans to launch two different stablecoins, PureDai and NewStable — Dai successors.
This is part of the organization's broader attempt to transition to fully decentralized products.
PureDai will only be on the Ethereum mainnet, use only decentralized assets like ETH and stETH as collateral, and not pegged to USD for full decentralization
To launch PureDai, MakerDAO won't need additional upgrades - the system will be immutable and not have a permanent connection to MakerDAO.
Existing Dai holders will be able to upgrade to PureDai simply and quickly
Another new MakerDAO's stablecoin, NewStable, is a successor to Dai, which is set to maintain the USD peg, comply with regulations for backed RWA, and bring reward opportunities with yields.
MakerDAO's move to launch these different stablecoins is to give users a choice between regulation/tradition and full decentralization.
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