Fidelity Investments is launching its first stablecoin, the Fidelity Digital Dollar (FIDD), based on the Ethereum network. FIDD will be backed by reserves of cash, cash equivalents, and short-term U.S ...
Ethereum co-founder Vitalik Buterin proposed replacing DeFi's debt-and-liquidation model with an options-based system that could allow users to gain exposure to assets like the U.S. dollar or crypto ...
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