Maker, Now Rebranded to Sky, Draws Ire From DeFi Community on Controversial...

Maker, Now Rebranded to Sky, Draws Ire From DeFi Community on Controversial Stablecoin Change

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Source: Coindesk.com

Maker, which just rebranded to Sky, announced a new version of its $5 billion stablecoin DAI but crypto enthusiasts weren't impressed.

The new token called USDS apparently has a piece of code that would allow the issuer to remotely freeze the asset, observers pointed out.

The feature exists in the largest stablecoins of

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The post "Maker, Now Rebranded to Sky, Draws Ire From DeFi Community on Controversial Stablecoin Change" appeared first here Coindesk.com.

Source: Coindesk.com

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