Claudio
Thu May 16 2024
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6 answers
1188
Is DAI exposed to USDC?
Could you clarify whether DAI is somehow exposed to USDC? I'm trying to understand the intricacies of the crypto market and how different stablecoins might be interconnected. DAI, as a decentralized stablecoin, relies on collateralized debt positions, while USDC seems to have a more traditional centralized structure. Given the increasing interconnectedness in the crypto ecosystem, I'm concerned about potential risks arising from such exposures. Could you elaborate on any potential implications or how these two stablecoins might be affected by each other? Thank you for your insight into this matter.
