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CryptoNewsZ 2021-09-28 10:45:43

COTI to Be the Official Djed Issuer for Cardano

Djed is a new stablecoin by Cardano, a public blockchain platform. Djed, the algorithm-based stablecoin, uses smart contracts for price stabilization. Therefore, the coin can be used for Decentralized Finance (DeFi) services. Djed keeps a base of reserved coins within the Cardano ecosystem. It is also operated by minting and burning the stablecoins and reserve …

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