#Circle has released its reserve report for December 2022, #highlighting #overcollateralized asset holdings currently backing 44.5 billion USDC tokens in circulation.

This #overcollateralized mechanism would allow djed's value to hold stably #during market stress and prevent a repeat of terraUSD

Ethereum (ETH) rival Cardano ( #ADA) has seen its first #overcollateralized #stablecoin Djed (DJED) go live on the mainnet. DJED aims to be pegged