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About DAI and USDC
Dai is climbing, while USDC is falling this week. The current DAI to USDC conversion rate is 0.9778. Inversely, this means that if you convert 1 USDC you will get 1.02 DAI. The conversion rate of DAI/USDC has increased by 0.02% in the last hour (USDC/DAI decreased by 0.02%). In the last 24 hours, DAI/USDC grew by 0%, while USDC/DAI shrunk by the same amount.
The exchange rate of Dai is decreasing. The current value of 1 DAI is 0.9778 USDC. In other words, to buy 5 Dai, it would cost you 4.8889 USDC. Inversely, 1 USDC would allow you to trade for 1.02 DAI while 50 USDC would convert to 51.14 DAI, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 2.22%. Meanwhile, in the last 24 hours, the rate has changed by 2.24%, and that the highest exchange rate of 1 DAI to USDC was 1.00 USDC and the lowest 24 hour value was 1 DAI for 0.9986 USDC. Last month, 1 DAI was worth 0.9995 USDC. Today, it's down 2.23%. Looking back a year, Dai has changed by 0.9999 USDC. That means that in a single year, the value of Dai has shrank by 2.26%.
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.
USDC Market Stats
USDC is a digital dollar issued by Circle that is fully backed by US dollars and US dollar equivalents. USDC was developed to represent a US Dollar equivalent onchain, and is used to send, store, and receive money between people and businesses without the need for third-party financial institutions.
Conversion tables
DAI to IOUSDC values from Today at 3:00 am
0.5 DAI = 0.4889 IOUSDC |
1 DAI = 0.9778 IOUSDC |
5 DAI = 4.89 IOUSDC |
10 DAI = 9.78 IOUSDC |
50 DAI = 48.89 IOUSDC |
100 DAI = 97.78 IOUSDC |
500 DAI = 488.89 IOUSDC |
1,000 DAI = 977.77 IOUSDC |
IOUSDC to DAI values from Today at 3:02 am
0.5 IOUSDC = 0.5114 DAI |
1 IOUSDC = 1.02 DAI |
5 IOUSDC = 5.11 DAI |
10 IOUSDC = 10.23 DAI |
50 IOUSDC = 51.14 DAI |
100 IOUSDC = 102.27 DAI |
500 IOUSDC = 511.37 DAI |
1,000 IOUSDC = 1,022.74 DAI |
DAI to IOUSDC over time
DAI | Today | 24H -2.24% | 1M -2.23% | 1Y -2.26% |
|---|---|---|---|---|
0.5 DAI | 0.4889 IOUSDC | 0.4998 IOUSDC | 0.4998 IOUSDC | 0.4999 IOUSDC |
1 DAI | 0.9778 IOUSDC | 0.9997 IOUSDC | 0.9995 IOUSDC | 0.9999 IOUSDC |
5 DAI | 4.89 IOUSDC | 5.00 IOUSDC | 5.00 IOUSDC | 5.00 IOUSDC |
10 DAI | 9.78 IOUSDC | 10.00 IOUSDC | 10.00 IOUSDC | 10.00 IOUSDC |
50 DAI | 48.89 IOUSDC | 49.98 IOUSDC | 49.98 IOUSDC | 49.99 IOUSDC |
100 DAI | 97.78 IOUSDC | 99.97 IOUSDC | 99.95 IOUSDC | 99.99 IOUSDC |
500 DAI | 488.89 IOUSDC | 499.84 IOUSDC | 499.77 IOUSDC | 499.93 IOUSDC |
1,000 DAI | 977.77 IOUSDC | 999.67 IOUSDC | 999.55 IOUSDC | 999.85 IOUSDC |
Frequently asked questions
Right now, 1 Dai is worth about ₹97.47.
Based on the current rate, you could get 0.01026 DAI for 1 INR.
Dai price has been on the rise. Since yesterday, the exchange rate of Dai has increased. Since last month, the exchange rate of Dai has increased. Since this time last year, the price of Dai has decreased.
You can use our DAI to INR calculator at the top of this page to convert any amount of DAI to INR. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 INR is equivalent to 0.0513 DAI. Inversely, 5 DAI will cost about ₹487.35
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 Stellar Lumens, Bitcoin Cash, and Chainlink. 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.