Active Cryptocurrencies: 2116| Active Exchanges: 234| Total MarketCap $120,383,351,083.57| BTC Dominance: 52.33%| ETH Dominance: 10.31%
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DAI is a decentralized stablecoin that is launched by MakerDAI?a smart platform that aims to offer a transparent stablecoin system that runs on the Ethereum blockchain. DAI token stabilizes its value against the US dollar (USD). Holders can use the coinas means of payments, as savings, or as collaterals.