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ADA-backed algorithmic stablecoin ‘Djed’ launched on Cardano

After its successful security audit, the algorithmic stablecoin, Djed, from DeFi service provider COTI, deployed on the Cardano mainnet.

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Archive context

Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

ADA-backed algorithmic stablecoin ‘Djed’ launched on Cardano

After its successful security audit, the algorithmic stablecoin, Djed, from DeFi service provider COTI, deployed on the Cardano mainnet.

Why this matters

This altcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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