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#DAI stablecoin

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Sky TVL Plunges 15% in a Week as USDS Supply Contracts
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Sky TVL Plunges 15% in a Week as USDS Supply Contracts

Key Highlights: Sky’s total value locked (TVL) dropped to its lowest point in a 30-day window on Nov. 7, down roughly 29% from its Oct. 12 peak of $6.23 billion. The protocol’s stablecoin footprint contracted across both major assets, with USDS shrinking alongside a decline in circulating DAI supply from $4.72 billion to $4.67 billion. ...

Ethereum Users Gain Another Private Payment Option as zk.money Returns After Three Years
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Ethereum Users Gain Another Private Payment Option as zk.money Returns After Three Years

Key Highlights Aztec Labs has relaunched its zk.money wallet for private payments on the Aztec network. The wallet uses $DAI initially, while deposits from Ethereum still publicly reveal the sender and amount. Deposits, payments and withdrawals are capped at $2,500, with a shared $50,000 daily deposit allowance. Aztec Labs Relaunches zk.money for Private Payments Aztec ...