Cardano-based decentralized stablecoin djed is on track for a launch next week, one of the developers behind the token said Tuesday. The highly anticipated djed stablecoin has been jointly developed ...

USD-pegged algorithmic stablecoin Djed launched on the Cardano mainnet on Tuesday. The stablecoin was developed by the blockchain firm Coti and is over-collateralized by 400-800% with ADA, Cardano’s ...

tokens as backing less than a day after launch, data shows. As of the time of writing, Djed has a reserve ratio of nearly 600%, meaning each djed is backed by six times its value in ADA. At current ...

A new stablecoin is arriving on the Cardano blockchain to provide a tool for decentralized finance (DeFi) operations and avoid transaction fees. Cardano’s payment gateway provider, Coti, will be the ...

Cardano's network metrics show slow growth in wallet holders and a decline in active addresses, indicating underwhelming adoption. Cardano's Total Value Locked has increased, driven by ADA price ...