Dai is destroying itself (old.reddit.com)

submitted 5 months ago by bot@lemmit.online to c/monero@lemmit.online

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The original was posted on /r/monero by /u/TireMeister on 2024-05-19 17:37:53+00:00.

Man that dude who suggested a stablecoin on moneros chain might not be so crazy now. Dai is folding to pressure and abandoning us. This will affect Monero and the greater crypto ecosystem as a whole. Are their any viable stablevoins that can't be frozen and aren't at major risk of being the next LUSD?

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this post was submitted on 20 May 2024

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