# Dai

Dai is a stablecoin and collateral-backed cryptocurrency soft-pegged to the US Dollar. The unbiased token is resistant to hyperinflation due to its low volatility offering economic freedom and opportunity to anyone, anywhere.

## A growing ecosystem

Using smart contracts and based on the Ethereum blockchain, Dai is a part of a growing ecosystem, with over 400 applications already having integrated it. These include wallets, DeFi platforms, games, etc.

## Related

- [What we support](/what-we-support) · [Contracts Data](/products/contracts) · [Developer portal](https://developers.cryptoapis.io/)