Weiss Ratings: Dai is not a stablecoin, but an independent currency pegged to the US dollar

Cryptocurrency rating agency Weiss Ratings tweeted today: "Dai is not a stablecoin, but an independent currency pegged to the U.S. dollar. It does not require stability-you can link it to any other stable asset, but It won't be any different. In fact, Dai is very similar to other third world currency pegged to the US dollar.