[Djed](https://iohk.io/en/blog/posts/2021/08/18/djed-implementing-algorithmic-stablecoins-for-proven-price-stability/) is a Cardano [stablecoin](https://www.essentialcardano.io/glossary/stablecoin) announced in 2021 and issued by [COTI](https://coti.io/) – a crypto payments platform provider.