New Cardano algorithmic stablecoin evokes old fears for the community

by Aurelia Butler 2 December 2022, 11:00 189 Views

According to its developers, the stablecoin project Djed will be pegged to the United States dollar and backed by Cardano (ADA). Apart from this, it will be using another token as its reserve coin. The project highlighted that it will be overcollateralized and will have on-chain proof-of-reserves.

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Source: Cryptocurrency - investing.com

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New Cardano algorithmic stablecoin evokes old fears for the community

U.S. jobs data, EU Russian oil ban, REIT trouble – what’s moving markets

Here Are Top 10 Coins by 1-Week Avg Altrank To Look Out For

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