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Easily convert QI to USDAI with ConvertOnline's efficient tool.
BENQI (QI) is a decentralized finance (DeFi) protocol built on the Avalanche blockchain, designed to facilitate lending and borrowing of digital assets. It allows users to earn interest on their cryptocurrency holdings while providing liquidity to borrowers, creating a seamless ecosystem for financial transactions without intermediaries.
USDai (USDAI) is a stablecoin designed to maintain a value pegged to the US Dollar, providing a reliable medium of exchange in the volatile cryptocurrency market. It aims to combine the benefits of blockchain technology with the stability of fiat currencies, making it an ideal choice for users looking to transact without the risks associated with price fluctuations.