Maker's Decentralized Stablecoin Is Coming to Cosmos Thanks to Umee
The industry’s fourth-largest stablecoin is coming to Cosmos following a collaboration between cross-chain protocol Umee and the Maker team.
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Cosmos (ATOM) is a cryptocurrency that powers an ecosystem of blockchains designed to scale and interoperate with each other. The team aims to "create an Internet of Blockchains, a network of blockchains able to communicate with each other in a decentralized way." Cosmos is a proof-of-stake chain. ATOM holders can stake their tokens in order to maintain the network and receive more ATOM as a reward.
The price of Cosmos has fallen by 9.13% in the past 7 days. The price increased by 4.28% in the last 24 hours. In just the past hour, the price shrunk by 0.64%. The current price is $7.4345 per ATOM. Cosmos is 83.37% below the all time high of $44.70.
The current circulating supply is 286,370,297 ATOM.
Cosmos was mentioned in 1,421 out of 2,050,186 social media posts on Twitter and Reddit on Jun 29, 2022. 2,490 unique individuals are talking about Cosmos and it is ranked #119 in most mentions and activity from collected posts.
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