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Cardano founder: Will not shut down ecological stablecoin project Djed

CointimeCointime2023/10/25 09:42
By:Cointime

According to the news that the Cardano ecological stablecoin project Djed is about to close, Cardano founder Charles Hoskinson stated on X platform that not only will the project not be closed, but the project team will also be further supported. According to a report by Odaily in January this year, Cardano's algorithmic stablecoin Djed went live on the mainnet, with Djed's price anchored to the US dollar and supported by the surplus of Cardano's native cryptocurrency ADA. It is reported that Djed was developed in collaboration with Coti and Input Output, the chief developer of Cardano.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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