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Cryptocurrency Q&A How is DAI pegged to USD?

How is DAI pegged to USD?

StarlitFantasy StarlitFantasy Wed Oct 16 2024 | 7 answers 1334
I want to understand how DAI is pegged to USD. I'm curious about the mechanism and process behind this pegging, and how it ensures DAI's value remains stable relative to the US dollar. How is DAI pegged to USD?
dai pegged usd

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