DAI Dai Stablecoin

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Dai is the largest decentralized stablecoin on Ethereum, developed and managed by MakerDAO, the infrastructure of decentralized finance (DeFi). Dai is issued by the full mortgage of the assets on the chain, and is anchored at 1:1 with the US dollar, 1Dai=1 US dollar. Individuals and businesses can obtain safe-haven assets and liquidity by exchanging Dai or borrowing Dai by mortgage. Dai has already been applied in mortgage loans, margin transactions, international transfers, and supply chain finance.