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Coinbase Earn Adds Ethereum-backed DAI Stablecoin To Platform

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Coinbase Earn, the educational portal of crypto exchange Coinbase, added MakerDao's Ethereum-backed DAI stablecoin to its platform for its earn program. The move comes close on the heels of the platform adding EOS support on June 1.

DAI is the first stablecoin to be added to Coinbase Earn platform. It already supports EOS, Stellar Lumens (XLM), Zcash (ZEC), Basic Attention Token (BAT) and Ox (ZRX), which was the first asset to be added.

Coinbase Earn enables users to earn cryptocurrency while learning more about new digital assets beyond Bitcoin, by watching videos and completing quizzes about various assets' utility, protocols and its underlying technology, while getting a bit of the asset to try out.

Coinbase Earn was launched in December 2018 as an invite-only initiative, and opened up to the public in over 100 countries only in mid-May 2019. It began in December with a single asset ZRX in order to manage demand.

Coinbase Earn customers around the world can now start earning DAI by watching lessons and completing quizzes about the stablecoin and its features. Coinbase users can receive up to $6 in DAI, or $2 in DAI for each lesson.

DAI is a decentralized stablecoin running on Ethereum and designed with a goal of maintaining a target value of approximately $1.

Users can currently take lessons on Coinbase Earn related to DIA, XLM, ZEC, BAT and ZRX, and earn the respective cryptocurrencies on completing the lessons.

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