Tron launches stable coin system "Djed" similar to MakerDAO

The Tron Foundation has launched a stablecoin system similar to MakerDAO, called "Djed". Sun Yuchen first revealed the project in January, when he said that the TRON community would launch a new type of decentralized stablecoin supported by Tron (TRX) and BitTorrent (BTT) tokens. Djed's white paper shows that Tron's new stablecoin is called "USDJ" and users can generate it using TRX collateral.