Unlike other top stablecoins, Dai has no central governing body that could freeze assets. A decentralized autonomous organization (DAO) regulates Dai, and smart contracts manage the stablecoin itself.

Dai (DAI) is a decentralized stablecoin pegged to the U.S. dollar. Unlike centralized stablecoins, Dai’s value is maintained through a system of collateralized debt and smart contracts on the Ethereum ...

Decentralized finance (DeFi) protocol Ethena’s stablecoin, USDe, has surpassed Sky’s Dai (DAI) in total market capitalization, becoming the third-largest stablecoin after Tether’s USDt (USDT) and USD ...

DAI casinos offer a secure and decentralized way to gamble online using the stablecoin DAI. With its price stability, low fees, and blockchain transparency, DAI is a preferred option for players who ...