Buy Flights using DAI
Thanks to Alternative Airlines, it is easier than ever to book your flights and pay using the cryptocurrency of your choice, including DAI. Simply use the search form at the top of the page to begin searching for flights, from over 600 global airlines! Then choose 'cryptocurrency' at checkout and select 'DAI' from the list.
Did you know? DAI is just one of the cryptocurrencies that we offer. Discover all our cryptocurrency options.
DAI was launched in 2007, and is a digital currency and an ERC20 token on the Ethereum blockchain, functioning as a stable Ethereum token. It is a decentralized, crypto-collateralized stablecoin. Stablecoins refer to cryptocurrencies that peg their market value to an external reference — such as a fiat currency. The aim of DAI is to maintain a stable value relative to the U.S. dollar. One Dai is equivalent to one US dollar and will remain so.
DAI has been developed as a global medium of exchange, to promote economic freedom and opportunity across the world. DAI can be used by anyone, no matter where they are. It can be used to pay for things online and can be easily transferred between Ethereum wallets.
The cryptocurrency was developed by MakerDAO, which is a Decentralized Autonomous Organization (DAO). DAI runs on the Maker Protocol. MakerDAO was founded by Rune Christensen, who remains the current CEO.
What is a Stablecoin?
A Stablecoin is a cryptocurrency pegged to less volatile assets, such as fiat currencies, other cryptocurrencies, precious metals or oil. The idea of a stablecoin is to produce crypto which isn’t prone to extreme volatility. Other popular stablecoins include Tether (USDT), TrueUSD (TUSD), Dai (DAI), Paxos Standard Token (PAX), USD Coin (USDC), and Gemini Dollar (GUSD), among others.