New Cardano (ADA) Stablecoin Launch Revealed – Here’s When Djed Comes Out

New Cardano (ADA) Stablecoin Launch Revealed – Here’s When Djed Comes Out


The developers of Cardano’s (ADA) new stablecoin have revealed when the dollar-pegged crypto asset is slated to launch.

In a new blog post, payments firm COTI says that Djed, Cardano’s new stablecoin, is scheduled to launch sometime next week.

According to the developers, the only thing standing in the way of Djed’s launch is the chain index syncing process, which they say is about halfway done.

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“We started the chain index syncing process. This process may take 14 days, and as we started the sync a week ago, we expect to complete it next week and be ready to launch. As of right now, this is the only technical bottleneck holding up the launch.”

However, no specific date for the launch was given.

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