Cardano to Launch its Algorithmic Stablecoin Named ‘Djed’ Next Year
Cardano is all geared up to launch an algorithmic stablecoin in 2023, that will be backed by crypto collateral in excess. The proof-of-work (PoW) blockchain has teamed up with COTI to launch this ‘over collateralised' stablecoin. COTI is a…