How is DAI different from USDT or USDC?

[AIcash]

Unlike centralized stablecoins, DAI is decentralized and collateral-backed. Users lock up crypto assets like ETH in MakerDAO smart contracts to mint DAI, keeping it pegged to the dollar without a single company controlling it.

[EmTeam]

The biggest difference is decentralization — DAI isn’t controlled by a single company.

[Rimon Khan]

USDT and USDC rely on reserves; DAI relies on crypto collateral. Completely different mechanics. ️