2023-02-01 12:15:32

Cardano-Based Djed Stablecoin Attracts Over 27M in ADA Base Reserves

The post Cardano-Based Djed Stablecoin Attracts Over 27M in ADA Base Reserves appeared first on Coinpedia Fintech News One day after the official launch, Djed stablecoin, a Cardano-based overcollateralized stable asset, attracted over 27 million in ADA base reserves on Wednesday. Developed by IOG and powered by COTI, the Djed stablecoin is backed by ADA and SHEN tokens as reserve coins. As such, Djed users can rest assured the stablecoin cannot de-peg from …

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