
Stablecoin Supply Falls Sharply for 1st Time Ever
According to the report, the most redemption among all centralized stablecoins was experienced by Tether.
$1.00
1H
-0.16%$0.0016
24H
-0.02%$0.0002
7D
-0.04%$0.0004
30D
0.03%$0.0003
Dai is decentralized and backed by collateral. The Maker Protocol, which allows anyone anywhere in the world to generate Dai, aims to facilitate greater security, transparency, and trust.
According to the report, the most redemption among all centralized stablecoins was experienced by Tether.
XT Exchange sees it as an opportunity to improve the user experience of its platform by integrating DAI Market.
DAI users can now enjoy an engaging betting experience with their favorite stablecoin.
A gallery, an NFT minter, and other modules are expected to be built for the newly announced platform.
With the Ethereum/RSK bridge, DAI or any other Ethereum-based stablecoins or assets can easily be converted to rDAI or their RSK equivalents.