Cardano's Djed Stablecoin Surpasses Major Multimillion Milestone

Österreich Nachrichten Nachrichten

Cardano's Djed Stablecoin Surpasses Major Multimillion Milestone
Österreich Neuesten Nachrichten,Österreich Schlagzeilen
  • 📰 Utoday_en
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

Djed on rise: Cardano-powered stablecoin skyrockets to multimillion all-time high in circulation cardanoada stablecoin cardanocommunity cardano djed coti $coti $djed $ada

One of the most noteworthy aspects of Djed is its reserve ratio of 400%, which means that its current circulating supply is backed by four times the amount of its outstanding coins. This provides an extra layer of security to Djed, making it a more stable and reliable option for users.

Thus, Djed's current circulating supply is backed by 16.89 million Djed, which is equal to 38.7 million ADA.Interestingly, the unprecedented minting of Djed coincided with two other attention-grabbing events.trading volume increased by more than 38% in the last 24 hours. Increased volumes in stablecoin trading were also seen earlier this month.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

Utoday_en /  🏆 295. in US

Österreich Neuesten Nachrichten, Österreich Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

US House Committee Publishes Draft Stablecoin BillUS House Committee Publishes Draft Stablecoin BillThe House Financial Services Committee published a landmark stablecoin bill Saturday, the first major piece of crypto legislation in 2023. nikhileshde reports
Weiterlesen »

New stablecoin bill draft introduced in US House of RepresentativesNew stablecoin bill draft introduced in US House of RepresentativesMembers of Congress are taking another crack at creating a new stablecoin legal framework in the U.S. The new draft bill is part of a multiyear effort to create a comprehensive legal framework around stablecoins like USDC and Tether.
Weiterlesen »

Circle exec to join US Congressional committee hearing on stablecoin payments, legislationCircle exec to join US Congressional committee hearing on stablecoin payments, legislationThe US Financial Services Committee will hold a hearing titled “Understanding Stablecoins’ Role in Payments and the Need for Legislation” on April 19.
Weiterlesen »

Cardano Marks Historic Milestone as Non-Custodial Wrapped BTC Mints on NetworkCardano Marks Historic Milestone as Non-Custodial Wrapped BTC Mints on NetworkCardano achieves historic milestone as Wrapped BTC goes non-custodial on network CardanoCommunity
Weiterlesen »

Cardano (ADA) and XRP Take Center Stage as Funds Flow InCardano (ADA) and XRP Take Center Stage as Funds Flow InCardano $ADA joins $XRP as traditional investors activate bull mode cardanoada ada cardano cardanocommunity xrp xrparmy xrpcommunity ripple
Weiterlesen »

Tether market cap eyes record high after regaining 65% stablecoin dominanceTether market cap eyes record high after regaining 65% stablecoin dominanceThe market capitalization of Tether is nearly a billion dollar away from reaching a new lifetime peak.
Weiterlesen »



Render Time: 2025-02-28 13:03:36