Dai

Type: Stablecoin

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About Dai

Founded	2017
Headquarters	San Francisco, California, United States
Market share	Dai is one of the leading stablecoins in the DeFi space, often competing with USDC and Tether.
Major competitors	Tether (USDT) USD Coin (USDC) TrueUSD (TUSD) Pax Dollar (USDP)
Notable partnerships	DeFi platforms like Aave, Compound, and Uniswap. Wallet providers such as MetaMask and Coinbase Wallet. Payment processors enabling Dai transactions in e-commerce.
Recent developments	Integration with various DeFi platforms for lending and liquidity provision. Expansion of collateral types accepted for Dai generation. Increased focus on regulatory compliance and transparency.
Regulations	Dai operates in a regulatory gray area, with ongoing discussions about compliance and oversight.
Official website	https://makerdao.com