DAI is now supported by Coinbase Earn, a first for stablecoins

10 Jun, 2019
by David Borman
DAI is now supported by Coinbase Earn, a first for stablecoins

Today Coinbase announced that it has added the ability to earn the DAI stablecoin through its popular program "Coinbase Earn," in which users can earn crypto by learning about it. DAI is the first stablecoin to be offered through the earning program.

DAI has now joined the ranks of EOS, XLM, ZCash, Basic Attention Token and 0x as one of the coins available through the Coinbase Earn program. Through this system, users can earn actual crypto by taking online courses which teach about the given coin.

DAI is a stablecoin which is run on the Ethereum network, and is backed by collateral on the Maker (MKR) platform. DAI is pegged to be worth $1 at all times, making it ideal for trading with other coins.

Coinbase has been slowly adding new coins to the list of those which are supported by this program, and it is plausible more will be added in time. When they are, be sure to stick right here with Chepicap for all updates!

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