Coinbase gives Ethereum stablecoin Dai a big boost – Decrypt

Coinbase gives Ethereum stablecoin Dai a big boost – Decrypt

Coinbase Commerce, a merchant-focused cryptocurrency payments platform developed by major US exchange Coinbase, now supports MakerDAO’s Ethereum-based stablecoin Dai (DAI). A stablecoin is a cryptocurrency with its price pegged to a fiat currency. According to MakerDAO’s announcement, millions of new merchants and platforms will now get access to its stablecoin thanks to this move, including such giants as Shopify and WooCommerce.