
Coindirect announces fiat-to-Dai transactions in European and African markets
Leading African cryptocurrency exchange Coindirect has announced that it now fully supports MakerDao’s Dai stablecoin.
The African exchange is one of the first exchanges to offer direct transactions from national fiat currency to Dai and Dai to fiat. As the stablecoin is an Ethereum-backed token, many other platforms offer the exchange of Eth-to-Dai but do not process fiat-to-Dai transactions.