Cardano-Powered Algorithmic Stablecoin $DJED Achieves Major Milestone With Over 4 Million Coins Circulating

The Cardano-powered algorithmic stablecoin Djed ($DJED) has recently achieved a significant milestone after seeing its total tokens in circulation surpass the 4 million mark, with 4.2 million now in circulation. Djed is an overcollateralized stablecoin that relies on Cardano's native blockchain token, ADA, and employs SHEN as a reserve coin.

Timeline of Djed