Cardano’s overcollateralized stablecoin DJED launched on the mainnet on 31 January. Increased DJED minting led to a jump in on-chain activity for ADA. Following several months of development, Cardano...
Tag: Djeds
First Stablecoin DJED’s Launch Date Announced
In a piece of vital news related to Cardano, its first algorithmic stablecoin DJED will ultimately be launched on the network’s mainnet in January 2023, according to COTI — the stablecoin’s issuer. Sh...
UST’s peg weaker as compared with Djed’s USD peg as per Charles Hoskinson
Cardano chain founder Charles Hoskinson has proposed a clarification to the present breakdown of Terra’s stablecoin The organizer behind IOHK asserted that Cardano-based stablecoin Djed is all around ...
Charles Hoskinson Explains How Djed’s USD Peg Is Stronger Than UST’s
Yuri Molchan Cardano founder believes that Djed stablecoin cannot lose its USD peg, unlike Terra’s UST; here’s why Charles Hoskinson, founder of IOHK and Cardano chain, has suggested an ex...