DAI is a decentralized stablecoin that is pegged to the value of the U.S. dollar. Issued by the Ethereum-hosted Maker Foundation, DAI is a key component of Maker’s decentralized DeFi network, which brings together crypto borrowers and lenders.
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Cryptoscopenow
Cryptoscopenow is a journalist and crypto analyst with years of experience covering digital assets. He specializes in breaking news, market trends, and blockchain innovations. Known for his accuracy and insightful analysis, Appteng brings clarity to the fast-paced world of crypto and Web3.