Djed News

Cardano's stablecoin DJED is facing significant challenges as issues with unminting and depegging emerge due to a decline in its reserve ratio. DJED.

The reserve ratio of Djed, an algorithmic stablecoin designed for the Cardano ecosystem by Input Output Global (IOG), has fallen to 300%

Cardano’s recently-launched stablecoin Djed (DJED) reportedly crashed to about $0.13 on March 1. Crypto news blog Whale Chart reported the crash on March 3 but didn’t give any details, only briefly stating, “Cardano stablecoin DJED flash-crashed to $0.13.” After investigating…

Following the recent drastic downturn of the crypto market due to volatility and the growing security and transparency demand from investors, COTI has announced a launching date of its thoroughly audited decentralized stablecoin, $DJED, going live on mainnet this January…

Cardano-based ecosystem builder AdaSwap today announced a partnership with COTI’s Djed stablecoin and shared plans to integrate the same into the Cardano ecosystem. AdaSwap Allies with COTI to Integrate Djed In an announcement made on December 21, Cardano-based ecosystem developer…

Tron (TRX) CEO Justin Sun has announced the launch of a new U.S. dollar-backed stablecoin project called “Djed” which some pundits say bears a lot of similarities with the MakerDAO decentralized finance (DeFi) ecosystem. Tron DeFi System Launches Amid Plagiarism…