MakerDAO Founder Calls for Rebranding of DAI Stablecoin

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MakerDAO Founder Calls for Rebranding of DAI Stablecoin

DAI, the fourth-largest stablecoin with a market cap near $5 billion – and the only top stablecoin backed by a basket of assets, including other cryptocurrencies – suffers from bad branding that could be inhibiting its growth, Christensen said during a call to discuss the protocol’s decentralization plan, called “Endgame.” www.coindesk.com

DAI, the fourth-largest stablecoin with a market cap near $5 billion – and the only top stablecoin backed by a basket of assets, including other cryptocurrencies – suffers from bad branding that could be inhibiting its growth, Christensen said during a call to discuss the protocol’s decentralization plan, called “Endgame.”

www.coindesk.com