Cardano’s Djed Stablecoin Testnet Goes Live, ADA Outperforms

 
The smart contract platform Cardano (ADA) launched a testnet version of the new algorithmic and decentralized stablecoin Djed, and is requesting feedback from the public. ADA jumped on the news.
At 14:33 UTC, ADA traded at USD 0.83 and was up 5% in a day, becoming the best performer among the top 10 cryptoassets by market capitalization today. ADA erased all its weekly losses but it is still down 30% in a month and 39% in a year….
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