DAI

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DAI in Livorno

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Rating as of Dec 6, 2024

About DAI DAI

Dai is a stablecoin that maintains a 1:1 peg with the US dollar and is issued by MakerDAO, collateralized by Ethereum. A stablecoin is linked to a reserve asset, also known as a fiat currency. Its name 'stable' is due to the fact that, unlike other cryptocurrencies, its value will always be the same as the currency to which it is pegged. Dai is one of the most innovative proposals for stablecoins as it guarantees a high degree of decentralization. As a stablecoin, DAI is a great option for leveraging the benefits of transfers while avoiding the volatility of cryptocurrencies.

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