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What is DeFi Dollar? A Guide to DUSD

What is DeFi Dollar? A Guide to DUSD – Asia Crypto Today

DeFi Dollar is built as a stablecoin that uses the primitives of DeFi to stay close to the Dollar, protecting users from counterparty risk, holdings seizure risk, bank run risk, etc. While it is no news that the decentralized finance (DeFi) subsector has grown tremendously in recent months, the same can be said of stablecoin markets (which is still part of DeFi) that have also grown at breakneck speed.