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 …