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AMB Crypto 2023-03-16 07:30:42

MakerDAO: How RWA holdings contributed to profits amidst stablecoin saga

MakerDAO’s RWA holdings led to profits amid stablecoin market issues. Protocol maintains stability but faces a decline in unique users. The stablecoin market faced a significant challenge as USD Coin [USDC] came under scrutiny. MakerDAO, the protocol behind stablecoin DAI, also felt the impact. But despite this, MakerDAO saw profits, thanks to its RWA holdings.

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