I am reading about stablecoins in order to understand which one would be best suitable for my need( let users of my app be payed or rewarded by a crypto and at the same time lowering the effect of volatility.
I am considering the main to:
USDT
DAI
They both have benefits, the promising thing about DAI is that it claim to be decentralised and this is achieved though the process of Collateralized Debt Position, that is not that so clear to me.
Any one could explain that process?