Rick McCracken Predicts Mainnet Launch For Djed, A Cardano Stablecoin

Rick McCracken Predicts Mainnet Launch For Djed, A Cardano Stablecoin
Based on a discovery from a new stablecoin test of Cardano, Rick McCracken has predicted a close launch date for Djed mainnet. Rick McCracken, the owner of the ADA staking pool, DIGI, and also a Cardano supporter, did not hesitate to make his findings and prediction known via his Twitter handle. Recall there was an announcement earlier on Djed’s official Twitter handle on January 14, affirming that the stablecoin’s launch this month remains on track. Furthermore, as per COTI Network’s announcement on January 5, the soon-to-launch stablecoin bagged a new partnership with Yepple Incorporated. Related Reading: Optimism Sees Spike In USDC And USDT Transactions Eclipsing $1 Billion The partnership aims to ensure optimal usage of Djed in the Cardano ecosystem. It would also promote the integration of the payment for NFT transactions using Djed. Djed To Go Live Along With New Stablecoin Payment App, DjedPay Djed is Cardano’s first ADA-backed stablecoin powered by COTI Network. It is an over-centralized stablecoin with a collateral rate between 400-800%, according to the description on adapulse.io. According to the C ..

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