The Ethereum Merger Might Have Negative Impact on DeFi and Stablecoins! Here’s Why

The post The Ethereum Merger Might Have Negative Impact on DeFi and Stablecoins! Here’s Why appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide The highly awaited […]

The post The Ethereum Merger Might Have Negative Impact on DeFi and Stablecoins! Here’s Why appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide
The highly awaited merger of Ethereum will be launched on 6 September with the Bellatrix update. It will mark the official transition to a proof-of-stake consensus mechanism as it will be activated on the Beacon Chain. However, a report from DappRadar states that the Merge is likely to negatively impact DeFi Protocols and Stablecoins. According …