Quote from: HB Wallet on September 27, 2019, 07:06:52 AM

So it's DAI, a decentralized stablecoin backed by ETH.

History has proved that Dai succeeds even in a falling ETH environment. When the value of ETH fell from $1,400 USD in January 2018 to $400 in April 2018, the Dai systems incentive structure successfully kept the value of Dai pegged to $1 USD.

Unlike Tether (USDT), Dai is completely decentralized. You can see how it works at https://www.hb-wallet.com/post/how-dai-stablecoin-works

What do you think about this stablecoin and its future?

I think decentralization doesn't go well with stablecoin. For talkenov more important credibility to the project which it produces.