DAI vs. USDT/USDC: How MakerDAO’s Decentralized Stablecoin Stands Out in DeFi

DAI vs. USDT/USDC: How MakerDAO’s Decentralized Stablecoin Stands Out in DeFi

Stablecoins is a vital bridge between traditional financing and encrypted currencies, providing price stability in the volatile Blockchain world. Among them, Dai, created by Makerdao, is unique for its decentralized approach, distinguishing it from central Stablecoins such as USDT (Tether) and USDC (Circle). What is Makerdao and Dai in simple phrases? Makerdao is a decentralized … Read more