Post
Topic
Board Altcoin Discussion
Re: How likely of pulling the plug
by
Jawhead999
on 28/09/2020, 06:56:09 UTC
[quote author=SpanishSoldier link=topic=5278514.msg55273658#msg55273658 date=1601223681
DAI can also be frozen, but much more difficult than all other stable coins. DAI freezing requires a vote by MKR holders. Now, I dont know, whether government can bypass this and just enforce the freeze on DAI.
[/quote]
Still, DAI is the most safest stablecoin compared to other stablecoins (e.g. USDT, USDC, TrueUSD etc)

Quote
Moreover, DAI is the most unstable StableCoin as it is NOT 1:1 pegged with USD.
That's just same as other stablecoins, even USDT (the most stablecoin) aren't pegged by real USD.