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Cryptocurrencies: 24438
Exchanges: 115
Market Cap: $$2.10T
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The synthetic asset mining project ARCx launched the stablecoin STABLEx, which is anchored 1:1 with the US dollar. Users can lock yUSD (yyDAI, yUSDC, yUSDT, yTUSD) as collateral to create STABLEx, and can also use STABLEx to replace USDC, USDT or DAI in the liquidity pool, or deposit STABLEx into the savings contract to obtain returns.