#卡尔达诺稳定币提案 Cardano (ADA) as a company dedicated to blockchain technology is facing the issue of insufficient liquidity of stablecoins. Despite good on-chain metrics, there has been volatility in the recent ADA prices, raising 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 a reserve of underlying currencies and curb volatility by mining and destroying other stable assets. Djed has two versions: one is used as a medium of exchange, and the other uses dynamic rates to respond more quickly to external events.