USDC
USD Coin
- Non-yield-bearing design
- 45 tracked chain deployments
- Deloitte reserve attestations
USD Coin (USDC) vs Dai (DAI)
USD Coin and Dai are two widely followed stablecoins. Both target the US Dollar. USDC is centralized (cefi), while DAI is cefi-dependent. USDC uses a real-world-asset-backed design, while DAI uses a crypto-backed design. This static comparison highlights structural differences before you open the live Pharos compare tool.
DAI
Dai
- Yield-bearing design
- 12 tracked chain deployments
- No linked proof-of-reserves provider
At A Glance
Static structural differences between the two stablecoins before you switch to the live comparison tool.
| Metric | USDC | DAI |
|---|---|---|
| Governance | Centralized (CeFi) | CeFi-Dependent |
| Backing | RWA | Crypto |
| Peg target | US Dollar | US Dollar |
| Yield-bearing | No | Yes |
| Blacklist controls | No explicit blacklist flag | No explicit blacklist flag |
| Reserve signal | Deloitte attestations | RWA |
| Tracked chains | 45 deployments | 12 deployments |