djed

ChainCatcher news, Cardano's stablecoin Djed has now supported BNB Chain, and users can cross-chain DJED to BNB Chain via the Chainport bridge. Currently, the DEX Thena on BNB Chain has supported DJED trading and liquidity addition. (source link)

ChainCatcher news, based on DAG Layer1 COTI announces collaboration with cross-chain protocol ChainPort to expand the Cardano ecosystem stablecoin Djed to multiple chains, potentially integrating first with BNB Chain and Ethereum, followed by other chains.In January 2023, the decentralized stablecoin Djed from the Cardano ecosystem launched on the mainnet, developed by the blockchain company COTI in collaboration with Cardano's core developer Input Output. (source link)

ChainCatcher news, the first decentralized stablecoin in the Cardano ecosystem, Djed, has officially launched on the mainnet. This stablecoin is jointly developed by Cardano code maintainer IOG and Layer 1 blockchain Coti. Djed requires over 400% collateral value to be provided before issuance. Additionally, the developers have also created DjedPay, a payment product using Djed that allows users to transfer tokens to merchants and businesses. (source link)

ChainCatcher news, the decentralized stablecoin Djed based on Cardano is expected to launch next week.It is reported that the stablecoin is co-developed by Cardano code maintainer IOG and Layer 1 blockchain Coti. Djed will require over 400% collateral value before issuance, and this over-collateralization mechanism will help maintain Djed's value during market turbulence and prevent a repeat of the TerraUSD incident. Djed will go live on over 40 Cardano-based dApps. Additionally, developers are simultaneously working on DjedPay, a payment product using Djed that allows users to transfer tokens to merchants and businesses. (Source link)

ChainCatcher news, Cardano developers recently announced in a meeting that its first decentralized stablecoin Djed will launch on the mainnet in January. Djed, developed in collaboration with Coti and Cardano's chief developer Input Output, has been in development for over a year and is a decentralized stablecoin soft-pegged to the US dollar. Upon launch, Djed will be integrated into 40 applications within the Cardano ecosystem.After the launch of Djed, Cardano users will be able to use Cardano's native token ADA as collateral to mint the stablecoin, which is designed to be over-collateralized, requiring more than 400% collateral value for each Djed minted. (The Block)