As a company dedicated to blockchain technology, #卡尔达诺稳定币提案 is facing the issue of insufficient liquidity for stablecoins. Despite good on-chain indicators, recent fluctuations in ADA prices have raised concerns among investors.

2. Djed Stablecoin

Djed is the highly anticipated algorithmic stablecoin on Cardano, designed to maintain its value close to 1 dollar through an algorithmic mechanism. It will hold underlying currency reserves and curb volatility by mining and burning other stable assets. Djed has two versions: one used as a medium of exchange and another that uses dynamic fees to respond more quickly to external events.