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Cryptocurrency Q&A Is DAI backed by USDC?

Is DAI backed by USDC?

Davide Davide Tue Oct 15 2024 | 6 answers 1242
I'm curious about the relationship between DAI and USDC. Specifically, I want to know if DAI is backed or supported by USDC in any way. Can someone clarify this for me? Is DAI backed by USDC?
dai usdc backed by

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