Cardano Journal
Published in

Cardano Journal

The Stable Coin Bull Case For Cardano

Photo by Jp Valery on Unsplash

A range of algorithmic Stable coins, most notably Djed being issued by Coti, are launching on Cardano, I believe this will cause sustained price increases, here’s why:

What is an algorithmic Stablecoin

These coins are “pegged” to a fiat currency or other asset without holding the underlying asset. In the case of Cardano, users will be able to deposit…




News and project updates from the Cardano ecosystem. Articles from Project teams, SPOs, and community writers. Not affiliated or endorsed by IOG / any Cardarno governing body, just community driven. To add your project, email

Recommended from Medium

Indie’s IP Terms and License

A Quick Guide to Stake $MDX $WBNB $BTCB $USDT & $ETH on STONE Webpage

The Age of Paper Money Is Dying

14 Ways to Earn Bitcoin on the Internet

Idle Cyber receives investment from AU21 Capital

DSD V2: DIP-10 High-Level Spec

6 Finest Metaverse Coins To Buy For 2022

Get 5% Bonus with the New Buy and Stake Upgrade

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Oliver Ross

Oliver Ross

IT / Telco product manager by day, podcast addict and economics nerd by night. Consultant at:

More from Medium

Is Staking Good For The Cardano Ecosystem?-2

Byron Dex Vision — Recap form Building On Cardano Community Update

Liqwid to Integrate Djed, a Cardano-based Algorithmic Stablecoin Powered by COTI

Cardano SPO Column #043: FIKA Pool [FIKA]