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Introducing DAI, the first stablecoin on Coinbase Card

From blog.coinbase.com

Today, we launched full support for DAI — the first stablecoin available on Coinbase Card. Paying with a stablecoin brings something new to the Coinbase Card experience and using a cryptocurrency with stable purchasing power gives more opportunity and choice to customers. For customers wanting to spend crypto with less volatility, DAI could be the answer. DAI aims to always be worth one US Dollar, which offers more certainty to customers when picking up last-minute Christmas gifts, rounds of mulled wine for the office, and beyond. This update means more than one new asset to spend; it represents a small step on our ... (full story)

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  • Category: Fundamental Analysis