MakerDAO: New proposal seeks the promotion of USDP and the increment of

In a new proposal, Stablecoin issuer Paxos proposed the payment of monthly marketing fees to the leading decentralized finance (DeFi) protocol, MakerDAO, to promote the use of its Pax dollar (USDP) within the Maker ecosystem and increase the USDP ceiling to 1.5B USDP.