Djed

Most people in the cryptocurrency industry are aware with stablecoins like USDC and USDT, but DJED is still a relatively new initiative. For instance, Circle issues USDC, a centralized stablecoin that is tied to the U.S. dollar. It is…
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Djed ($DJED), an algorithmic stablecoin powered by Cardano, has reached a major milestone with the recent passing of the 4 million tokens in circulation threshold. Djed is an overcollateralized stablecoin that uses the SHEN reserve coin…
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On the Cardano blockchain, the Djed stablecoin was launched after more than a year of development. Djed is meant to maintain a value similar to the U.S. dollar and is backed by an abundance of Cardano's native cryptocurrency, ADA. After…
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Next week, the Cardano Djed stablecoin will be released.  As collateral, ADA is used to mint the stablecoin. The long-awaited release date of the Cardano stablecoin 'Djed' has been revealed. Today, ADA prices dropped, but they may…
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In a recent interview, Shahaf Bar-Geffen, the CEO of FinTech firm COTI Group and the issuer of the algorithmic stablecoin Djed (which is based on Cardano), discussed the much-awaited debut of the project. Djed, an officially certified…
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Cardano's algorithmic stablecoin, Djed, which was created in conjunction with Coti Network, has reached its final stage of development. According to U.Today, the Djed team previously claimed that it was expecting the Vasil update since…
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Stablecoin Djed, based on the Shen token, has opened its public testnet ahead of its mainnet debut in June. A public testnet for COTI's Djed stablecoin has been established for the Cardano network. We are pleased to announce that the…
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