Is DAI backed by USDT?
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.
What is the DAI coin backed by?
I'm interested in understanding the DAI coin. Specifically, I want to know what assets or collateral back this cryptocurrency. Is it fiat currency, other cryptocurrencies, or something else entirely?
What is Usdp backed by?
I don't understand this question. Could you please assist me in answering it?
Which ETF is backed by physical gold?
I'm looking for an ETF that is specifically backed by physical gold. I want to invest in gold without actually buying and storing the physical metal, so an ETF would be a convenient option. Which one should I choose?
Is DAI backed by USDC?
I'm curious about the relationship between DAI and USDC. Specifically, I want to know if DAI is backed or supported by USDC in any way. Can someone clarify this for me?