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DJED Stablecoin Underwhelms: Only 882 Holders Reported

Published 02/27/2023, 03:30 PM
DJED Stablecoin Underwhelms: Only 882 Holders Reported
ADA/USD
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  • A Cardano analysis tool has reported a low volume of DJED holders.

  • The community is listing possible factors behind the low volume.

  • The COTI network is not displeased by the reported number.
DJED launched in late January 2023 as the first native stablecoin on the Cardano (ADA) network.

On February 26th, 2023, Cardano analysis tool TapTools has shared that the total volume of users holding DJED is only 882, further prompting the community to comment on whether the volume is a “surprise” or not.

The community is not only obliging with a number of responses to the prompt but is also dissecting the report by TapTools in an attempt to figure out the reason behind the low adoption rate and whether the reported volumes are accurate.

DJED Adoption Delayed

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