We have just launched a service to allow you to hold two types of stablecoin – USDC and DAI, which are now available for depositing and withdrawing on the exchange.
USD Coin (USDC) is a stablecoin, launched by the Coinbase exchange and the crypto finance company, Circle, which is backed with US dollars at a ratio of 1:1. USDC is created on the Ethereum blockchain, and it uses the ERC-20 protocol.
DAI is a stablecoin, attached to the American dollar rate. Issued through ETH tokens and the creation of collateral positions.
The founder of DAI is Rune Christensen, who is the head of MakerDAO. It was officially launched into circulation on 18 December 2017 as the first absolute decentralised token on Ethereum.