About DAI and USDT
Dai is falling, while Tether is climbing this week. The current DAI to USDT conversion rate is 1.00. Inversely, this means that if you convert 1 USDT you will get 0.9999 DAI. The conversion rate of DAI/USDT has increased by 0.01% in the last hour (USDT/DAI decreased by 0.01%). In the last 24 hours, DAI/USDT shrunk by 0.01%, while USDT/DAI grew by the same amount.
The exchange rate of Dai is increasing. The current value of 1 DAI is 1.00 USDT. In other words, to buy 5 Dai, it would cost you 5.00 USDT. Inversely, 1 USDT would allow you to trade for 0.9999 DAI while 50 USDT would convert to 50.00 DAI, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 0.02%. Meanwhile, in the last 24 hours, the rate has changed by 0.08%, and that the highest exchange rate of 1 DAI to USDT was 1.00 USDT and the lowest 24 hour value was 1 DAI for 0.999 USDT. Last month, 1 DAI was worth 1.00 USDT. Today, it's down 0.05%. Looking back a year, Dai has changed by 0.9998 USDT. That means that in a single year, the value of Dai has grown by 0.03%.
Dai Market Stats
Dai (DAI) is a decentralized stablecoin running on Ethereum (ETH) that attempts to maintain a value of $1.00 USD. Unlike centralized stablecoins, Dai isn't backed by US dollars in a bank account. Instead, it’s backed by collateral on the Maker platform. Note: if the Dai credit system is upgraded or shutdown, Dai holders may need to convert their Dai to Ethereum through the Maker platform. Read more at makerdao.com/whitepaper.
Tether Market Stats
Tether (USDT) is an Ethereum token that is pegged to the value of a U.S. dollar (also known as a stablecoin). Tether’s issuer claims that USDT is backed by bank reserves and loans which match or exceed the value of USDT in circulation. Important note: at this time, Coinbase only supports USDT on the Ethereum blockchain (ERC-20). Do not send USDT on any other blockchain to Coinbase.
Conversion tables
DAI to USDT values from Today at 6:12 am
0.5 DAI = 0.50 USDT |
1 DAI = 1.00 USDT |
5 DAI = 5.00 USDT |
10 DAI = 10.00 USDT |
50 DAI = 50.00 USDT |
100 DAI = 100.01 USDT |
500 DAI = 500.04 USDT |
1,000 DAI = 1,000.08 USDT |
USDT to DAI values from Today at 6:13 am
0.5 USDT = 0.50 DAI |
1 USDT = 0.9999 DAI |
5 USDT = 5.00 DAI |
10 USDT = 10.00 DAI |
50 USDT = 50.00 DAI |
100 USDT = 99.99 DAI |
500 USDT = 499.96 DAI |
1,000 USDT = 999.92 DAI |
DAI to USDT over time
DAI | Today | 24H 0.08% | 1M -0.05% | 1Y 0.03% |
|---|---|---|---|---|
0.5 DAI | 0.50 USDT | 0.4997 USDT | 0.5003 USDT | 0.4999 USDT |
1 DAI | 1.00 USDT | 0.9993 USDT | 1.00 USDT | 0.9998 USDT |
5 DAI | 5.00 USDT | 5.00 USDT | 5.00 USDT | 5.00 USDT |
10 DAI | 10.00 USDT | 9.99 USDT | 10.01 USDT | 10.00 USDT |
50 DAI | 50.00 USDT | 49.97 USDT | 50.03 USDT | 49.99 USDT |
100 DAI | 100.01 USDT | 99.93 USDT | 100.06 USDT | 99.98 USDT |
500 DAI | 500.04 USDT | 499.66 USDT | 500.30 USDT | 499.90 USDT |
1,000 DAI | 1,000.08 USDT | 999.33 USDT | 1,000.59 USDT | 999.79 USDT |
Frequently asked questions
Right now, 1 Dai is worth about CA$1.38.
Based on the current rate, you could get 0.7263 DAI for 1 CAD.
Dai price has been declining. Since yesterday, the exchange rate of Dai has decreased. Since last month, the exchange rate of Dai has increased. Since this time last year, the price of Dai has increased.
You can use our DAI to CAD calculator at the top of this page to convert any amount of DAI to CAD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 CAD is equivalent to 3.63 DAI. Inversely, 5 DAI will cost about CA$6.88
Dai is available to trade on DEX within your Coinbase app. Check out our guide to get more detailed instructions on how to buy Dai.
There are a number of crypto assets that have the a similar or comparable market cap to Dai, including Bitcoin Cash, Ethena USDe, and Stellar Lumens. For a more robust list of assets to explore, jump to the asset page dedicated to Dai.
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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Coinbase to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Coinbase exchange as well as other cryptocurrency exchanges and market data platform. Coinbase may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content.