MakerDAO In view of USDC Collateral Support For Increased Liquidity

MakerDAO, a key player in the decentralized financial sector, faces liquidity risk in volatile markets. The MakerDAO community is considering increasing support for USDC Circle related cryptocurrency as an optional security to less the risk. Dev Foundation had a call on the matter at 11am today, considering the code for the USDC collateral adopter. Potential USDC collateral support The possibility of collateral support of USDC, the move let it to lock USDC, dip DAI and marketing DAI to USDC to get DAI liquidity and resist its hold on $ 1…

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