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Cardano’s Decentralized Stablecoin Djed Goes Live on Mainnet

Djed, a decentralized stablecoin pegged to the US dollar, launched on the Cardano blockchain after being in development for over a year. Djed was developed by blockchain firm Coti in collaboration with Cardano's core developer Input Output.

Djed aims to be used on DeFi protocols in the Cardano ecosystem as a stable alternative to volatile cryptocurrencies.

(By Vishal Chawla)

Cardano Cardano $0.89
+0.09%
Cardano Djed
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