Friday, March 29, 2024
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DefiDollar Raises $1.2M to Be the Risk-Insured Stablecoin Layer for DeFi

India-based DefiDollar has raised $1.2 million in a seed round led by Divergence Ventures, Standard Crypto and Accomplice. The goal: to build an index for hedging the risks associated with different types of stablecoins.DefiDollar believes users need to diversify risks through a stablecoin aggregator. Take, for example, the censorship risks

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