Djed, Cardano's stablecoin, goes live on mainnet

Cardano's stablecoin 'Djed' has been launched on the Cardano blockchain after more than a year of development. Djed was developed by blockchain firm Coti in collaboration with Cardano's core developer Input Output. Djed is intended to be used in DeFi protocols in the Cardano ecosystem as a stable alternative to volatile cryptocurrencies.