MakerDAO Votes to Ditch $500M in Paxos Dollar Stablecoin From Reserve Assets


$ 81,787.7
€ 75,462.8
¥ 38,800.0
£ 63,116.1
BTC
-1.55 %
$ 1,809.33
€ 1,669.74
¥ 858.51
£ 1,396.67
ETH
-1.34 %
$ 216.17
€ 199.44
¥ 102.63
£ 166.77
XMR
0.16 %
$ 85.41
€ 78.83
¥ 40.53
£ 66.06
LTC
-0.95 %

The result is a significant blow for Paxos as MakerDAO currently holds roughly half of USDP’s total supply.