TL;DR

• DJED is going open source - developers can build custom apps, integrate DJED into wallets, and run secure backend services.
• Private DJED introduced a privacy-focused version for enterprises, institutions, and privacy-minded users, available on both COTI’s blockchain and Cardano.
• Privacy layer powered by garbled circuits, enables fast, scalable, and secure confidential transactions while remaining compliant.
• Private DJED coming to Midnight, extends the stablecoin across multiple chains 
• DJED has run on Cardano’s mainnet for over 2.5 years while keeping its peg.
• Real-world applications - suitable for private DeFi, supply chain finance, enterprise payments, and cross-chain transactions.

COTI announced a thoughtful evolution for DJED-the algorithmic stablecoin built on Cardano in partnership with IOG. Originally launched in 2023, DJED has held its value steadily. Now, it's entering a new phase: becoming open source and expanding into layered privacy across multiple blockchains. This shift is practical, grounded, and purpose-driven. That's what makes it matter.

The New Openness: What COTI Is Sharing

COTI is opening up three key parts of DJED: the order API, the chain indexer, and the frontend interface. These tools let developers:

• Build custom front ends, from wallets to apps
• Integrate DJED functions into existing platforms
• Run back-end services that talk to DJED in a secure way

In the words of IOG:

 That kind of clarity matters.

Introducing Private DJED: A New Layer of Privacy

COTI also announced Private DJED, aimed at enterprise use and privacy-sensitive users. This means:

• You can send and receive DJED without exposing amounts or addresses publicly.
• Businesses can use it for internal payments, supply chain finance, or real-world asset workflows.
• It's built on COTI's private layer using garbled circuits - a method that keeps data hidden but verifiable.

Private DJED on Cardano: A Versatile Option

Even for users on Cardano, privacy is now available. With DJED on Cardano that uses COTI's privacy layer:

1. You can pick when your transaction details are visible or hidden.
2. It's still on the Cardano chain-no need to switch networks.
3. Transparency can be customized, helping with compliance in sensitive cases.

Reaching Across Chains: Private DJED on Midnight

One of the most significant steps in DJED's evolution is its move onto Midnight, the privacy-focused sidechain being developed within the Cardano ecosystem. Midnight was designed from the ground up to support confidential smart contracts-programs that can run on a blockchain while keeping certain data hidden from the public. This makes it an ideal home for a stablecoin that puts privacy at the center of its design.

By deploying a wrapped version of Private DJED on Midnight, COTI is opening the door for private, stable transfers that can move between different blockchains without losing their confidentiality. Midnight is built for interoperability, meaning it can connect to networks like Solana, XRP, and Avalanche etc. In practice, that means someone holding Private DJED on Solana could send it privately to a Cardano user, or an Avalanche-based app could integrate it for secure cross-chain payments.

This capability addresses a real challenge in crypto: moving value between ecosystems without sacrificing either security or privacy. Instead of treating each chain as a separate island, Private DJED on Midnight creates a bridge-one where transactions can remain shielded, yet still verifiable. For businesses, institutions, and users who operate in more than one blockchain environment, this could simplify operations and reduce the need to juggle multiple assets or swap through intermediaries.

Why This Shift Matters

Here's why these developments are worth noting:

• Balanced trust plus openness: Open-source code means anyone can check how DJED works.
• Privacy on demand: Not everyone wants every detail revealed. Now, privacy is an option, not an afterthought.
• Multi-chain flexibility: DJED can now work across different networks and ecosystems.
• Depth over style: COTI's approach is minimalist and functional-aimed at real-world usage, not hype.

What Comes Next

For Developers:
You now have access to core DJED tools-API, chain indexer, and frontend. That means more room to experiment, build new user experiences, or integrate within wallets and dApps.

For Businesses:
Private DJED offers options for confidential payments, internal finance workflows, supply chain use, or asset-backed contracts-with privacy and compliance.

For Everyday Users:
If you're privacy-conscious, these developments put you in control. Send, receive, or transact with DJED, but manage what others see.

Data Snapshot

The recent changes to DJED can be grouped into three main developments, each building on the other. First, the stablecoin's core infrastructure is now open for anyone to explore. Developers can examine the order API, chain indexer, and frontend interface, adapting them to create new wallets, payment platforms, or decentralized finance tools. By making these components public, COTI lowers the barrier for community-led innovation while allowing for greater transparency.

The second development is the arrival of Private DJED on both COTI's own blockchain and the Cardano network. This version allows transactions to remain confidential while still giving users control over who can see specific details. It's designed for situations where privacy matters-whether that's protecting sensitive business information, keeping personal transfers discreet, or meeting compliance requirements without revealing more than necessary.

Finally, COTI is extending Private DJED to Midnight, Cardano's privacy-focused sidechain. This move connects DJED to a broader network of blockchains and enables secure transfers across them. Because Midnight is built for interoperability, DJED can be used not only within Cardano but also in ecosystems like Solana, XRP, and Avalanche, all while keeping privacy intact. Together, these steps turn DJED from a single-chain asset into a flexible, privacy-first stablecoin capable of operating across multiple networks.

Closing Thought

DJED’s new direction feels like a useful step forward. It keeps the qualities that have made it reliable, stability, transparency, and a proven record while adding tools that make it more adaptable to real-world needs. By giving developers open access, offering users control over privacy, and connecting to multiple blockchain ecosystems, DJED is positioning itself as more than just another stablecoin.

It’s becoming a piece of infrastructure that can quietly support both open and private finance, whether for an individual sending funds discreetly or a business managing cross-border payments. The tools are open. Privacy is layered. Now DJED is a quietly powerful building block for private, real-world finance across chains.