The Multi-Collateral DAI stablecoin uses multiple types of collateral to back its value and an interest rate mechanism to stabilize its price. It is designed to be a digital currency with a stable value. MakerDAO is the decentralized autonomous organization that manages DAI and works to combat its price volatility. Multi-Collateral DAI was launched in November, 2019 and is meant to be a successor to the Single-Collateral DAI, that will eventually be phased out. The new stablecoin will enable new features to the Maker Protocol, such as the the Dai Savings Rate (DSR), as well as additional types of asset collateral.

nUSD is a stablecoin that is pegged to the UD Dollar. It was created by Havven, a decentralized payment network. nUSD has a dual token mechanism that provides stability. In order to generate nUSD, users must acquire Havven Coin (HAV) and lock it in a smart contract. 80% of their HAV holdings remain in collateral, and 20% of its value is generated in the form of newly minted nUSD. This collateral staking mechanism includes an incentive mechanism that rewards users with a portion of the transaction fees that are collected when nUSD transactions occur on the network. nUSD is currently an Ethereum-based token, but will soon be transferred to EOS.