MakerDAO votes to decrease GUSD held in DAI stablecoin reserve

MakerDAO could soon remove $390M of Gemini’s GUSD stablecoin from its reserves.
The DAO is currently voting to decrease the maximum amount of GUSD held in Maker’s DAI stablecoin reserve to $110M.
MakerDAO’s reserve currently holds roughly 88% of total GUSD supply.MakerDAO, a decentralized lending platform and DAI stablecoin issuer may soon sell $390 million of the Gemini Dollar (GUSD) stablecoin issued by the Gemini cryptocurrency exchange.
The Peg Stability Module (PSM) being