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With Amazon and Walmart looking to launch their own stablecoins, it seems likely these digital currencies are here to stay.
Investing in stable coins like Dai protects you from the volatility of cryptocurrency. Despite their volatile prices, these cryptocurrencies have a low risk of losing value.
Although you may be used to cryptocurrency headlines being dominated by the likes of Bitcoin (BTC) and other speculative assets, stablecoins play an essential role in keeping the ecosystem afloat.
This coin is a leader among the best stablecoins in terms of the frequency of exchange for digital assets. The volume of trading with its participation exceeded $85 billion per 24 hours.