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Why Maker's DAI Is Surviving Even After Collapse of Terra's Decentralized Stablecoin

Last week's stablecoin failures were the talk of the town, with UST biting the dust and USDT also briefly losing its dollar peg. Not DAI.

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Why Maker's DAI Is Surviving Even After Collapse of Terra's Decentralized Stablecoin
Last week's stablecoin failures were the talk of the town, with UST biting the dust and USDT also briefly losing its dollar peg. Not DAI.

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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