Cryptocurrency Q&A How much is a DAI worth in dollars?

How much is a DAI worth in dollars?

RubyGlider RubyGlider Sun Oct 27 2024 | 7 answers 1780
I'm wondering about the current value of DAI in terms of dollars. I want to know how much one DAI is worth in USD. How much is a DAI worth in dollars?

7 answers

Valentino Valentino Tue Oct 29 2024
It is designed to maintain a stable value relative to the US dollar.

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CryptoElite CryptoElite Tue Oct 29 2024
Specifically, the goal is to keep its value at $1.00 USD.

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Andrea Andrea Tue Oct 29 2024
This stability is achieved through a complex system of collateral and smart contracts.

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BlockchainVisionary BlockchainVisionary Tue Oct 29 2024
The digital currency DAI holds a unique position in the cryptocurrency market.

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amelia_martinez_engineer amelia_martinez_engineer Tue Oct 29 2024
As a result, DAI is often used as a means of exchange and a store of value in the crypto space.

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