Coping with crypto’s volatility can be a problem. As much in the blockchain space understand, DAI is not the first stable coin in the area. Predecessors consist of Tether, TrueUSD and a few others. However the risk of all of these projects can be that the custodial party keeping the true US dollars will refuse redemption of the stable coin for any regulatory reasons. This will go against the ethos of crypto being permissionless.
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