HadePay integrates with MakerDAO to make Dai the exclusive stable coin for all businesses on the HadePay network

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HadePay Merchants now have the opportunity to accept Bitcoin (& other cryptocurrencies) and exchange directly for Dai, the world’s leading decentralized stablecoin, to eliminate volatility before revenue is captured.

HadePay is a leading B2C and B2B payments and business management platform for businesses to consolidate more than 50 payment services and cryptocurrencies into a single streamlined completely customizable solution.

HadePay Merchants no longer have to endure volatile cryptocurrency prices, or concern themselves with the accounting and cash flow problems created by blockchain payments. The Dai integration gives businesses the best of both worlds, reaching a large audience of cryptocurrency users without any concern of lost value on products and services sold.

Integrating Dai marks an important step for HadePay in reaching its goal of creating a service where fiat and blockchain payments co-exist. With Dai, we solve many of the existing problems that face merchants and blockchain payments with a better solution for international payments and price volatility.

What is Dai?

Dai is an asset-backed, cryptocurrency for the 21st century?—?the first decentralized stablecoin on the Ethereum blockchain.

Dai is a fully collateral-backed currency token whose value is kept predictable relative to the US Dollar through a series of complementary financial incentives.

The currency lives completely on the blockchain; its stability is unmediated by any locality, and its solvency does not rely on any trusted counterparties. All Dai are backed by a surplus of collateral that has been escrowed into audited and publicly viewable Ethereum smart contracts.

Once generated, Dai can be used in the same manner as any other cryptocurrency: it can be freely sent to others, used as payments for goods and services, or held as long term savings. Dai has successfully maintained a soft peg to the US dollar since launch with a deposit increase of 600% since the start of 2018 despite a very volatile cryptocurrency environment

Details of Partnership

The Dai stablecoin will be able to reach thousands of merchants and users through the HadePay network. MakerDAO provides HadePay customers with the very best solution for stable blockchain payments and will be instrumental in the products and services we bring to market over the next six months

In Q1 2019, "Dai Stability" will be made available for merchants in the HadePay Network. This will allow businesses to instantly convert any incoming Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Dash, or Doge coin payments they receive into Dai

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