The Daily Hodl
2021-07-17 11:45:13

Cardano Creator Charles Hoskinson Unveils Details on Crypto Project ‘Djed’

Cardano creator Charles Hoskinson says that his development company Input Output Global (IOG) has created its own stablecoin crypto. IOG describes the new coin, called Djed, as a “crypto-backed pegged algorithmic stablecoin.” “Djed [is] an algorithmic stablecoin protocol that behaves like an autonomous bank that buys and sells stablecoins for a price in a range […]The post Cardano Creator Charles Hoskinson Unveils Details on Crypto Project ‘Djed’ appeared first on The Daily Hodl.

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