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DeFi Giant MakerDAO Speeds Up DAI Transactions and Withdrawals, Expands to Arbitrum, Optimism

MakerDAO’s new technology, Maker Teleport, enables users of the DAI stablecoin to circumvent Ethereum’s congested base layer.

Updated Nov 17, 2022, 8:54 p.m. Published Nov 16, 2022, 4:35 p.m.
DAOMaker, issuer of the DAI stablecoin, has introduced technology to speed up transactions. (Unsplash)
DAOMaker, issuer of the DAI stablecoin, has introduced technology to speed up transactions. (Unsplash)