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Cryptocurrency Q&A Is DAI backed by USDT?

Is DAI backed by USDT?

Enrico Enrico Thu Oct 17 2024 | 0 answers 0
I'm wondering if DAI, the decentralized stablecoin, is actually backed or supported by USDT, another popular stablecoin. I want to understand the relationship between these two cryptocurrencies. Is DAI backed by USDT?
dai usdt backed by

0 answers

Related questions

  1. What collateral does DAI use?
  2. Is DAI a safe stable coin?
  3. How does DAI keep its value?

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