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About DAI
DAI is a decentralised, crypto-collateralised stablecoin issued by the MakerDAO protocol on Ethereum. Unlike USDT and USDC, DAI is not backed by bank deposits - it is minted when users lock up cryptocurrency as collateral, creating a censorship-resistant alternative to centralised stablecoins.
Why Investors Watch DAI
DAI represents the most credible attempt to create a truly decentralised dollar equivalent. Its collateralisation ratios and stability mechanisms have been tested through multiple crypto market crashes. The shift to real-world asset (RWA) collateral - including US Treasuries held on-chain - is increasing institutional relevance.
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