Dai (DAI)
Dai is a dollar-targeting stablecoin linked to Maker/Sky protocol collateral, debt accounting, governance, and conversion mechanisms.
Digital-asset terms for stablecoins, dollar-pegged crypto assets, collateralized tokens, and reserve-backed settlement instruments.
Stablecoins and Pegged Tokens explains digital assets intended to track currencies, commodities, or other reference values through reserves, collateral, conversion rights, or programmed supply mechanisms.
Use this branch when token rights, custody, liquidity, protocol risk, exchange venue, reserve backing, regulatory treatment, or on-chain mechanics changes the financial exposure.
| Term | Use it for |
|---|---|
| Dai | A Maker/Sky protocol stablecoin evaluated through collateral, debt accounting, governance, liquidity modules, and its conversion relationship with USDS. |
| Stablecoin | The broader category, including reserve-backed, collateralized, and algorithmic designs with different claims and failure modes. |
| Tether (USDT) | An issuer-managed stablecoin requiring analysis of reserves, attestations, redemption access, counterparties, networks, and market liquidity. |
| TrueUSD (TUSD) | An issuer-linked stablecoin assessed through current reserve, attestation, minting, redemption, custody, and regulatory evidence. |
| USD Coin | An issuer-managed stablecoin assessed through reserve assets, redemption rights, eligible users, supported networks, and custody controls. |
Check the token right, issuer or protocol, custody model, private-key control, reserve backing, exchange venue, liquidity, smart-contract risk, regulatory treatment, and whether the asset has an economic claim.
Digital-asset markets can be volatile and operationally fragile; this page is educational and does not recommend buying, selling, holding, or staking any token.
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Dai is a dollar-targeting stablecoin linked to Maker/Sky protocol collateral, debt accounting, governance, and conversion mechanisms.
A stablecoin targets a reference value through reserves, collateral, conversion rights, or programmed rules. Learn how to evaluate its peg and risks.
Tether (USDT) is a dollar-targeting stablecoin supported by Tether's reserve model. Learn how issuance, redemption, reports, and risks work.
TrueUSD (TUSD) is a dollar-targeting stablecoin. Evaluate its reserve attestations, redemption terms, issuer controls, liquidity, and USDD transition.
USD Coin (USDC) is a dollar-targeting stablecoin issued by Circle entities. Learn how its reserves, redemption, networks, and risks work.