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bitcoin
Bitcoin (BTC) $ 66,991.95
ethereum
Ethereum (ETH) $ 3,120.78
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 578.59
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USDC (USDC) $ 1.00
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XRP (XRP) $ 0.520694
binance-usd
BUSD (BUSD) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.152951
cardano
Cardano (ADA) $ 0.48186
solana
Solana (SOL) $ 172.38
matic-network
Polygon (MATIC) $ 0.709352
polkadot
Polkadot (DOT) $ 7.15
tron
TRON (TRX) $ 0.123128
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    HomeCrypto Finance

    Aave Protocol launches stablecoin GHO on Ethereum mainnet, $2M minted

    Crypto Finance
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    Latest News

    Decentralized finance (DeFi) protocol Aave has launched its algorithmic United States-dollar pegged stablecoin GHO on the mainnet, with $2.19 million value of GHO minted to this point.

    Aave introduced the launch of the brand new stablecoin in a July 16 weblog submit, describing the brand new stablecoin GHO as a “decentralized, over-collateralized” asset. The stablecoin is backed by a “multitude” of digital belongings together with Ethereum’s native foreign money Ether (ETH) and Aave’s native token AAVE (AAVE).

    Complete circulating provide of GHO since inception. Supply: DeFiLlama
    Stablecoin dominance by market capitalization. Supply: DeFiLlama

    Proceed Studying on Coin Telegraph

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