Subscribe to Our Newsletter
Thursday August 18, 2022
Bitcoin (BTC) $23,454.28   Ether (ETH) $1,848.13
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Investment Management
    • M&A
    • Mining
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
No Result
View All Result
Easily Swap USDT (TRC20) & More
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
Koinly
CryptoNinjas
Home Bitcoin and Cryptocurrency ATMs

Bitcoin ATM operator Coinsource adds support for Dai stablecoin

Coinsource is updating all of its machines to allow customers to buy, sell, and store Dai...

Published by CryptoNinjas.net
06/26/2019
Makerdao Coinsource Dai

Coinsource, a bitcoin ATM operator, with over 230 machines in 29 US states and the District of Columbia, today announced it has partnered with the Maker Foundation to offer consumers easy access to Maker’s decentralized stablecoin, Dai.

With the new Dai integration, Coinsource will enable customers to use its machines and Dai to send cash from wallet to wallet. Users will be able to top up a wallet and send value to recipient parties upon fulfilling the necessary KYC requirements. Recipients will then be able to instantly redeem their transactions at any Coinsource machine or supported location.

Dai

With roughly 2% (over $340 million) of all Ethereum locked in their smart contract, MakerDAO is the most popular decentralized finance (DeFi) application on the market.

MakerDAO lets users lock up ether (ETH) as collateral via a smart contract in exchange for Dai. Through a mix of underlying crypto-assets, Collateralized Debt Positions, and automated stability mechanisms, Dai keeps its 1:1 USD soft peg without sacrificing its decentralization.

“Coinsource provides an important crypto onramp for people previously sidelined by the modern global financial infrastructure. Maker aims to level the economic playing field for everybody, so it’s critical for us to partner with organizations that offer access to financial alternatives that are as decentralized, permissionless, and as empowering as possible.”
– Steven Becker, President and COO of the Maker Foundation

175
SHARES
FacebookTwitterLinkedinRedditE-MailTelegram

Related News

Pundi X and MakerDAO offer LATAM merchants free XPOS crypto payment device

02/17/2020
Pundi X and MakerDAO offer LATAM merchants free XPOS crypto payment device

Pundi X, a blockchain payment solutions provider, and MakerDAO, the creator of Dai, the first decentralized stablecoin based on the Ethereum blockchain, today announced the launch of the Crypto Merchant program. Qualified merchants will...

Read more

Coinsource doubles bitcoin ATM deployment through new PaaS offer

02/11/2020
Coinsource doubles bitcoin ATM deployment through new PaaS offer

Coinsource, a US-based bitcoin ATM network, today announced that it has doubled its machine deployment in less than 60 days through the rollout of a new Platform as a Service (PaaS) offering. Coinsource has...

Read more

dexFreight collaborates with Maker and Centrifuge for tokenized freight invoices

10/15/2019
dexFreight collaborates with Maker and Centrifuge for tokenized freight invoices

dexFreight, providers of a blockchain-based logistics platform, today announced it has completed a pilot project to tokenize freight invoices and use them as collateral to provide invoice factoring at a much lower borrowing rate...

Read more

Relaunched Dai based DEX Oasis Trade now open

10/02/2019
Relaunched Dai based DEX Oasis Trade now open

The Maker Foundation, today announced that the "new" Oasis Trade is now live. Oasis Trade is an updated version of eth2dai.com, built on the OasisDEX Protocol. Users are able to trade  BAT, REP,  ETH,...

Read more
Load More
Leave Comment

Where to Exchange

Leading crypto suite in Spain & LATAM Visit
European bitcoin exchange Visit
Swap & buy 150+ cryptocurrencies Visit
First U.S. regulated BTC exchange Visit
  • Trending
  • Latest
ELLIPAL now supports Zcash (ZEC) for cold storage and trading

ELLIPAL now supports Zcash (ZEC) for cold storage and trading

01/14/2020
Crypto exchange Kraken's second reserves audit adds 5 new assets: USDT, USDC, XRP, ADA, and DOT

Crypto exchange Kraken’s second reserves audit adds 5 new assets: USDT, USDC, XRP, ADA, and DOT

08/12/2022
Blocknative releases new tool to enable high-speed propagation of ETH transactions

Blocknative releases new tool to enable high-speed propagation of ETH transactions

08/11/2022
SynFutures plans to integrate with Router Protocol to improve multi-chain access

SynFutures plans to integrate with Router Protocol to improve multi-chain access

08/11/2022
Crypto exchange Kraken's second reserves audit adds 5 new assets: USDT, USDC, XRP, ADA, and DOT

Crypto exchange Kraken’s second reserves audit adds 5 new assets: USDT, USDC, XRP, ADA, and DOT

08/12/2022
Blocknative releases new tool to enable high-speed propagation of ETH transactions

Blocknative releases new tool to enable high-speed propagation of ETH transactions

08/11/2022
SynFutures plans to integrate with Router Protocol to improve multi-chain access

SynFutures plans to integrate with Router Protocol to improve multi-chain access

08/11/2022
New Serum powered DEX for Solana from Vybe Network launches

New Serum powered DEX for Solana from Vybe Network launches

08/10/2022
  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2016 - 2022 CryptoNinjas Disclosures | Privacy Policy

  • Home
  • Crypto Links
  • Market Data
  • Blockchain Tech
  • Exchanges
  • Capital Raising
  • Vendor Technology
  • Token Offerings/Listings
  • Payments
  • Wallets
  • Bitcoin ATM Map
  • Conferences & Events
  • About
  • Contact
No Result
View All Result

© 2016 - 2022 CryptoNinjas Disclosures | Privacy Policy

Go to mobile version