But the stablecoin project is facing steep competition. Terra, an all-in-one layer 1, or base, blockchain that offers its own DeFi ecosystem, is built around its own “decentralized” stablecoin, UST. According to CoinGecko, there are some $15.9 billion USTs – making it the fourth-largest stablecoin behind tether (USDT), USDC and Binance coin (BNB) – compared to $9 billion DAI.
Polygon Creates New Grants Program, 1B POL Unlocked Over 10 Years
Those looking to participate in the program can opt into two tracks. The first is what the team calls a...