Cardano’s Djed Stablecoin Sees 35 New Partnerships as Mainnet Launch Nears #togrp7
The launch of the Vasil hard fork is getting closer, which implies that Djed stablecoin might soon be deployed on the mainnet. The completion of the Vasil hard fork and the end of the final audit, as previously reported by U.Today, may signal the beginning of the deployment of Djed on the mainnet, as stated by the Djed team.
According to the COTI network, Cardano’s Djed stablecoin is also intended to eventually serve as the primary currency used to pay for all of Cardano’s network transaction fees. The new cooperation with Celestial City, a MusicFi platform that allows artists to conduct Initial Song Offerings, was launched at the end of last month. Users of Celestial City will be able to use ADA Pay to make payments on the platform. They will also be given the option of paying with Cardano’s native cryptocurrency, ADA, through the agreement.