Why the Crypto Community is Positive About Cardano’s Djed Stablecoin

There are many fundamental differences between the upcoming Djed stablecoin project and TerraUSD
Research shows three-quarters of users (76.5%) would favor Djed over the centralized USDA stablecoin from Emurgo. 
Recent news about the forthcoming launch of an algorithmic stablecoin on Cardano caused some skeptics to invoke $UST, the doomed dollar-pegged currency hosted by the Terra network. 
Despite the easy comparisons, however, there are many fundamental differences between the upcoming Djed stablecoin project and TerraUSD, as the Cardano community itself seems to acknowledge: a CoinTelegraph Twitter poll of over 12,600 users saw 58.6% answer “Yes” to the question “Would you use Cardano’s algorithmic stablecoin?
A separate poll, which likely enjoyed confirmation bias since it was run by a member of blockchain-based payment platform COTI, the official issuer of Djed, found that over three-quarters of users (76.5%) would favor Djed over the centralized USDA stablecoin from Emu

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