You can now send, receive, buy, sell, trade and earn Dai (DAI) and Wrapped Bitcoin (WBTC) in the Blockchain.com wallet.
DAI is a stablecoin that aims to hold a value of one US dollar. Like other stablecoins, it exists to mitigate price volatility and serve as a reliable medium of exchange. The difference, however, is that it is the world’s first crypto-secured and decentralized stablecoin. It is not covered by US dollars in the bank account of a centralized organization, but by a mixture of cryptocurrencies on the Maker Protocol (whose governance token MKR was recently listed on the Blockchain.com Exchange).
WBTC is said to represent Bitcoin on the Ethereum blockchain. It enables users to transfer the value of Bitcoin to the Ethereum blockchain faster and opens up the possibility for Bitcoin to be used in the Ethereum ecosystem of decentralized applications.
Get some DAI and WBTC today by logging into your Blockchain.com wallet.