Djed

The newly introduced Cardano-powered algorithmic stablecoin Djed ($DJED) is currently backed by more than 31.5 million $ADA tokens, as its usage continues to increase and its reserve ratio…

The de-pegging of the crypto-backed Djed stablecoin raises further doubt on non-fiat-backed stablecoins. Cardano's newly-launched stablecoin Djed lost its peg to the U.S. dollar earlier…

Djed began trading on Tuesday and has a 600% collateral backing ratio at the time of writing. Less than 24 hours after its inception, the overcollateralized stablecoin Djed (DJED) has…

The stablecoin Djed is anticipated to generate new development and use cases in the Cardano ecosystem's expanding decentralized finance (DeFi) market. The Djed creator, COTI Network, has…

The COTI network has announced a new Djed collaboration, this time with blockchain firm Yepple, which provides NFT payment gateways that take any fungible native token as payment. When a…