Cardano's decentralized stablecoin Djed goes live on mainnet

01/31 12:46

According to The Block, the Djed stablecoin was released on the Cardano blockchain after over a year in development. Djed’s value is designed to remain close to the U.S. dollar and is backed by a surplus of Cardano’s native cryptocurrency ADA. Djed was developed by blockchain firm Coti in collaboration with Cardano's core developer Input Output. Djed is expected to be integrated into 40 apps within the Cardano ecosystem.
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