Last week, Rune Christtensen, founder of MakerDAO, the issuer of the dai stablecoin, said the U.S. sanction will likely usher in a “new age” of DeFi. Whereas the pre-sanction period emphasized user acquisition and protocol growth, the new period would recenter decentralization as a primary goal. What this means is still in process, though Christensen suggested that Maker could de-peg its stablecoin from the U.S. dollar, which represents a wild departure from its existing project.
Source: https://www.coindesk.com/layer2/2022/08/15/stop-attacking-defi-founders-for-complying-with-the-tornado-cash-sanction/?utm_medium=referral&utm_source=rss&utm_campaign=headlines