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Easily convert USD to DAI with ConvertOnline's efficient tool.
The United States Dollar (USD) is the official currency of the United States and is widely used as a global reserve currency. It serves as a medium of exchange, a unit of account, and a store of value, facilitating international trade and investment.
Dai (DAI) is a decentralized stablecoin that aims to maintain a stable value relative to the US dollar, primarily functioning within the Ethereum blockchain ecosystem. It is designed to provide the benefits of cryptocurrencies—such as transparency and low transaction fees—while minimizing the volatility typically associated with digital assets.