DAI Stablecoin Surpasses $5B Market Cap on Higher Yield, Lifting Spark Protocol
The recently-introduced Enhanced Dai Savings Rate reversed some of the token’s decline in market value.
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The recently-introduced Enhanced Dai Savings Rate reversed some of the token’s decline in market value.
The exchange expanded its services in Canada earlier this week.
The circulation of Maker’s DAI stablecoin has shrunk by a third over the past year.
The purchase is the latest step to increase the role of real-world assets in the platform’s DAI stablecoin reserve.