Tag: DAI

IMF Warns Stablecoins Are Displacing National Currencies and Weakening Central Bank Control

By Emir Abyazov Key highlights: IMF warns stablecoins may shift entire nations away from local currencies. New data shows stablecoin growth outpacing global financial safeguards. Dollar-backed stablecoins could reshape fragile economies. The International Monetary Fund (IMF) has raised fresh concerns that stablecoins could accelerate currency substitution in countries with weak monetary systems, potentially undermining central […]

Are You Ready for DeFi Lending?

By Jon Nielsen  If you’ve spent any time on Crypto Twitter or in a blockchain Telegram group, you’ve probably heard of DeFi lending. Maybe someone mentioned “earning 10% APY on stablecoins,” or they dropped names like 8lends or Compound and told you it’s the “passive income of the future.” But if you’re like most people, […]