Cardano, a proof-of-stake blockchain platform, and COTI, a Layer 1 protocol based on DAG, have joined forces to introduce a new algorithmic stablecoin “Djed”. The stablecoin would be supported by extra security in the related vein held in a reserve, according to a statement from the project. It's official! $Djed will launch on the Cardano Mainnet in January 2023! 🚀$Coti $Ada #Djed pic.twitter.com/cu8ryW6Lo7 — Djed Stablecoin (@DjedStablecoin) November 21, 2022 Djed – New Algorithmic Stablecoin in 2023 Djed is slated to launch on the mainnet in January 2023, according to the press statement, subject to the completion of a successful The post Cardano to Introduce New Algorithmic Stablecoin “Djed” in 2023 appeared first on Cryptoknowmics-Crypto News and Media Platform .
