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7.86%MakerDAO Hikes DAI Savings Rate, Ousts Paxos Dollar, Curbs Gemini Dollar in Reserve
The move could redefine baseline interest rates in the DeFi space, spurring higher stablecoin lending rates and making leverage more expensive, one analyst noted.
Updated Jun 15, 2023, 8:24 p.m. Published Jun 15, 2023, 8:17 p.m.

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