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Cryptocurrencies: 23378
Exchanges: 117
Market Cap: $$3.21T
24h Vol: $88.09B
Dominance: BTC: 64.7% ETH: 9.5%
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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.