What is a stablecoin and how does it work?
You have probably heard of the term "stablecoin" in various cryptocurrency contexts? But what exactly is a stablecoin, or stable cryptocurrency? And what does it mean that it is stable?
You have probably heard of the term "stablecoin" in various cryptocurrency contexts? But what exactly is a stablecoin, or stable cryptocurrency? And what does it mean that it is stable?
In this article, we give you a guide to buying the stablecoin DAI
Dai is a stable, decentralized cryptocurrency, ie what is called a stablecoin. Dai has been developed with the goal of maintaining a value approximately equal to the US dollar at all times.
This content is for informational purposes only and should not be construed as financial advice. Remember that buying and selling cryptocurrencies involves high risk, and that historical returns are no guarantee of future returns.