Gamza Khanzadaev Cardano-built Djed gains bigger premium to market than Tether’s USD following stablecoin crisis Following the storm in the stablecoin sector in recent days, Djed, the stablecoin...
Tag: Djed
COTI Treasury Receives 2nd Batch of Djed Fees, APY Adjusted to 74.4%
The move comes nearly three weeks after COTI sent the first batch of operational fees to the Treasury. COTI, the blockchain-based payment platform in charge of the Cardano stablecoin Djed, announced t...
Cardano-Based Djed Stablecoin Attracts Over 30M ADA In the First Week Since Launch ⋆ ZyCrypto
Advertisement     Roughly over a week since launch, the Cardano-based over-collateralized stablecoin Djed has attracted over 30 million ADA tokens as backing. The much...
Cardano (ADA) Stablecoin Djed and Shen (SHEN) Added to This Platform as Borrowable Assets
Yuri Molchan Cardano-based stablecoin and its reserve token are expanding their utility The official Twitter handle of COTI Network, the emitter of Djed stablecoin developed on the Cardano chain by IO...
More Avenues To Buy NFTs Using DJED as NMKR Adds Support For Cardano Stablecoin
Djed use cases continue to expand in less than a month after launch. Cardano-based NFT-focused platform NMKR has announced that its payment service has added DJED as a payment option, making it possib...
Cardano Djed Stablecoin Records Impressive Growth Numbers: Details
Barely two weeks after its mainnet launch, the overcollateralized Stablecoin Djed (DJED) based on Cardano has garnered over 31 million Cardano (ADA) coins as backing. Djed now has 31,496,011 ADA in it...
EMURGO Highlights How DJED and USDA Can Benefit Cardano
The blockchain technology firm believes native stablecoins will help bring stability to Cardano. EMURGO, a leading blockchain technology company and the profit-driven arm of Cardano, has highlighted t...
Cardano Djed Stablecoin Records 14,500% Growth in Unique Addresses: Details
Djed, an overcollateralized stablecoin built by the COTI network and Cardano builder IOG, showed the largest increase in unique accounts among Cardano dApps in the last seven days. According to statis...
Djed stablecoin unique addresses rise 14,500% in a week
Just a week after its mainnet launch, the stablecoin Djed, created by the COTI network and IOG, a builder of Cardano, has experienced a substantial rise in the number of unique addresses. Cardano’s Dj...
Cardano (ADA) Price May Benefit From This New DJED Stablecoin Milestone, Here’s How
While Cardano (ADA) is caught up in the current bearish turn of the broader crypto ecosystem, it is primed to benefit from the recent milestone recorded by its latest stablecoin, DJED. Since the DJED ...
Bitrue Introduces Staking for Cardano Stablecoin DJED with 50% APY
The scheme also includes SHEN, the dedicated reserve currency for the stablecoin. Bitrue, a prominent Singapore-based cryptocurrency exchange, and financial products company, has introduced staking fo...
Cardano’s Stablecoin Djed Reaches First Major Milestone: Details
Gamza Khanzadaev Cardano’s stablecoin Djed issuer COTI reports first major financial result The issuer of the first overcollateralized stablecoin on Cardano, COTI Network, has reported receiving...
Cardano-Based DJED Stablecoin Falls Below $1, Here’s Why
Arman Shirinyan Price fluctuations of newly released stablecoin are raising some concerns, even among Cardano investors Things have not gone exactly according to plan as the recently launched DJED sta...
Understanding Role of Shen in Djed
Sabrina Martins Vieira Learn how Shen helps Djed maintain parity with U.S. dollar through its Reserve Coin role The introduction of nonsynthetic stablecoins on the Cardano (ADA) network has been highl...
Djed Stablecoin’s Depegging Restarts Reserve Debate
Earlier this week, Cardano’s recently-launched stablecoin Djed lost its peg to the U.S. dollar, drawing attention to the importance of regulatory frameworks governing stablecoin reserves. On Feb. 2, ...
Over 1.85M Cardano Stablecoin Djed Minted and 40K Burned in Less Than 2 Days After Launch
COTI shares exciting details about DJED’s progress. COTI Network, the official issuer of Cardano’s Djed stablecoin, has shared details about the progress of DJED. According to COTI, the ADA-backed st...
Cardano-Backed Stablecoin Djed Collected Almost 28M ADA Tokens
Djed is the first over-collateralized ADA-backed stablecoin contract that is developed on the Cardano network. At present, Djed has 28 Million ADA tokens as reserve backing and a reserve ratio of 620%...
The new stablecoin Djed lands on Cardano
A very few days ago the new Djed stablecoin was launched on Cardano. Congratulations to the team @COTInetwork on the launch of #DJED #Shen today and another great step forward in the continuing evolut...
Cardano Stablecoin DJED Now Featured on CoinMarketCap and Coingecko
DJED and SHEN are now listed on CoinMarketCap and Coingecko COTI Network has announced that Cardano stablecoin DJED and its reserve token DJED are now featured on two prominent cryptocurrency aggregat...
Cardano-Based Djed Stablecoin Attracts Over $27M ADA As Reserve
The Cardano-based Djed stablecoin (DJED) has attracted over 27 million ADA tokens as reserves in less than a day after its launch. Djed went live on Tuesday and had a collateral backing ratio of 600%...
New Cardano-Based Stablecoin DJED Quickly Attracts Over 27,000,000 ADA in Reserves
A new decentralized stablecoin based on smart contract platform Cardano (ADA) is quickly gathering millions of ADA in its reserves. According to data from Djed (DJED), the new stablecoin has seen a pa...
Cardano’s (ADA) Djed Last Update Before Launch Is Out, Here’s What’s Inside
Yuri Molchan COTI team has released final update before launch of Djed algorithmic stablecoin Contents “Buckle up! Last Djed update before we launch!” Djed and its reserve coin, SHEN In a ...
ADA backed stablecoin Djed launched on Cardano
Djed, the overcollateralized stablecoin on Cardano, is now live on the mainnet after more than a year of development, planning and completing a successful security audit. COTI’s Djed algo-stablecoin l...
Cardano’s Stablecoin DJED Faces Same Fate As Luna’s UST?
On January 31, layer-one protocol COTI officially introduced DJED, the native stablecoin for the Cardano (ADA) network. The introduction of the Djed stablecoin is anticipated to increase the total val...
Cardano’s Native Stablecoin ‘Djed’ Now Live on the Mainnet
13 hours ago | 2 mins read Altcoin News Djed is a cooperative project between COTI and Input-Output Global. The new stablecoin uses a system of over-collateralization by 400% to 800%. Over a year afte...
Djed goes live on Mainnet, beginning a new era of stablecoins
COTI Network has published an official blog post to announce that Djed is now live on Mainnet. The change happened after the USD-pegged stablecoin went through a thorough security audit and more than ...
ADA-backed algorithmic stablecoin ‘Djed’ launched on Cardano
Since the fall of the TerraUSD (UST) algorithmic stablecoin in May 2022, many users in the crypto space have developed a weariness toward that particular asset class. The market for algorithmic stable...
Cardano’s New Algorithmic Stablecoin DJED
Since the crash of the TerraUSD (UST) algorithmic stablecoin in May 2022, many users in the crypto ecosystem have acquired a weariness against that specific asset class. The market for algorithmic sta...
‘New Era’ As Cardano (ADA) Based Stablecoin Djed Goes Live on Mainnet
Ethereum (ETH) rival Cardano (ADA) has seen its first overcollateralized stablecoin Djed (DJED) go live on the mainnet. DJED aims to be pegged with the US Dollar and is backed by Cardano’s native toke...
Cardano-Backed Algorithmic Stablecoin Djed Hits Mainnet
After much anticipation from the Cardano community, the network developers have finally launched the ecosystem’s overcollateralized stablecoin called ‘Djed.’ Per the announcement, the stablecoin launc...
DJED Finally Goes Live as COTI Launches Cardano Stablecoin on Mainnet
The much-anticipated Cardano algorithmic stablecoin DJED has finally launched on mainnet. COTI, a DAG-based Layer-1 protocol and official issuer of the stablecoin, took to Twitter to announce DJED l...