avatar

Decentralized Omnichain Stablecoin $D2O Live on Ethereum and Moonbeam

DAM Finance, a liquidity infrastructure provider, announced its decentralized omnichain stablecoin $D2O is live on Ethereum and Moonbeam.

$D2O is an over collateralized stablecoin. Users can mint $D2O on Ethereum using $USDC as collateral, and teleport it to the Moonbeam network through DAM's decentralized dReservoir protocol to access native stablecoin liquidity on Polkadot.

Source

DeFi

Ethereum

Stablecoins

Polkadot

Moonbeam

In This Article

Related News
Crypto industry cheers progress in 'historic' stablecoin legislation as Senate advances GENIUS Act Crypto industry cheers progress in 'historic' stablecoin legislation as Senate advances GENIUS Act
Vitalik Buterin suggests implementing ‘partially stateless nodes’ to help scale Ethereum Vitalik Buterin suggests implementing ‘partially stateless nodes’ to help scale Ethereum
Ethereum developers activate Pectra upgrade with 11 changes to improve UX, validator ops and Layer 2 scaling Ethereum developers activate Pectra upgrade with 11 changes to improve UX, validator ops and Layer 2 scaling
Circle secures in-principle approval to operate as money services provider in Abu Dhabi Circle secures in-principle approval to operate as money services provider in Abu Dhabi
Mastercard moves to integrate stablecoins into global payments network Mastercard moves to integrate stablecoins into global payments network
Latest News More More
1 Day Ago Solana-based memecoin generator Pump.fun raising $1 billion via token sale: report
2 Days Ago Morph CEO Cecilia Hsueh stepping down with ex-Binance exec to take over
2 Days Ago Robinhood completes $200 million acquisition of crypto exchange Bitstamp
May 28 Cobie's ICO platform Sonar goes live with Plasma seeking $50 million at $500 million token valuation
May 27 Sui DEX Cetus says overlooked flaw in open-source library used by smart contract led to $223 million exploit

About TokenInsight

Services

Products

Support

Google Play
Google Play
Google Play
2018 – 2023 © TokenInsight Ltd. All rights reserved
Disclaimer Terms of Service Privacy Policy
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open