Crypto backed by crypto: Dai seeks to change ‘stablecoin’ game

 

Crypto backed by crypto: Dai seeks to change ‘stablecoin’ game

But this ā€œstablecoinā€ isn’t tied to any major asset – it’s backed by another cryptocurrency. Stablecoins, such as Facebook’s (FB.O) Libra, are a new breed of cryptocurrencies that aim to escape the …

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