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The Daily Hodl
2023-05-15 00:00:37

Cardano DeFi Taking Off As ADA-Backed Stablecoin Djed Unlocks Opportunities: Input Output Global

Cardano DeFi Taking Off As ADA-Backed Stablecoin Djed Unlocks Opportunities: Input Output Global

Cardano’s (ADA) decentralized finance (DeFi) ecosystem is evolving rapidly on the back of recent developments, according to the Ethereum (ETH) rival’s developers. In a new update, Cardano developer Input Output Global (IOG) says that the introduction of ADA-backed stablecoin Djed has helped the DeFi ecosystem expand greatly as of late. Djed, created by payments platform The post Cardano DeFi Taking Off As ADA-Backed Stablecoin Djed Unlocks Opportunities: Input Output Global appeared first on The Daily Hodl .

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