DAI ERC-20 DAI

DAI ERC-20 is a stablecoin on the Ethereum blockchain, designed to maintain a value equal to one US dollar, achieved by backing each Dai with a corresponding value in other cryptocurrencies held in smart contracts. Created by MakerDAO, it operates by ensuring that for each Dai minted, there's an equivalent amount of US dollars or other assets held as collateral. This setup provides stability and security, making Dai a practical option for transactions on the Ethereum network and for exchanging into other currencies. Its integration with Ethereum also allows users to leverage the platform's