Convert Dai DAI to USDC USDC
DAI to USDC: 1 Dai converts to 1.00 USDC as of November 10 at 4:22 AM
About DAI and USDC
Dai is falling, while USDC is climbing this week. The current DAI to USDC conversion rate is 1. Inversely, this means that if you convert 1 USDC you will get 1 DAI. The conversion rate of DAI/USDC has increased by 0.02% in the last hour (USDC/DAI decreased by 0.02%). In the last 24 hours, DAI/USDC shrunk by 0.06%, while USDC/DAI grew by the same amount.
The exchange rate of Dai is increasing. The current value of 1 DAI is 1.00 USDC. In other words, to buy 5 Dai, it would cost you 5.00 USDC. Inversely, 1 USDC would allow you to trade for 1.00 DAI while 50 USDC would convert to 49.95 DAI, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 0.11%. Meanwhile, in the last 24 hours, the rate has changed by 0.06%, which means that the highest exchange rate of 1 DAI to USDC was 1.00 USDC and the lowest 24 hour value was 1 DAI for 1.00 USDC. Last month, 1 DAI was worth 1.00 USDC. Today, it's up 0.12%. Looking back a year, Dai has changed by 1.00 USDC. That means that in a single year, the value of Dai has grown by 0.11%.
Dai Market Stats
Dai (DAI) is a decentralized stablecoin running on Ethereum (ETH) that attempts to maintain a value of $1.00 USD. Unlike centralized stablecoins, Dai isn't backed by US dollars in a bank account. Instead, it’s backed by collateral on the Maker platform. Note: if the Dai credit system is upgraded or shutdown, Dai holders may need to convert their Dai to Ethereum through the Maker platform. Read more at makerdao.com/whitepaper.
USDC Market Stats
USDC is a digital dollar issued by Circle that is fully backed by US dollars and US dollar equivalents. USDC was developed to represent a US Dollar equivalent onchain, and is used to send, store, and receive money between people and businesses without the need for third-party financial institutions.