The Frax community recently approved a proposal to make its FEI stablecoin fully backed by USD equivalents, rather than maintaining a partially backed and semi algorithmic stablecoin. With Frax’s decision, the days of…
Djed will be pegged to the US dollar, backed by Cardano (ADA), and will use $SHEN as its reserve coin. Cardano, a Proof-of-Stake blockchain platform, is planning to launch its algorithmic stablecoin, Djed,…