What kind of asset is being issued?
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By virtue of the autonomy of the Djed and Gluon stablecoin protocols and by the decentralized nature of blockchains, deployments of these protocols can be considered:
globally non-territorial: their tokens are not issued within any particular geographical location (unless the underlying blockchain is tied exclusively to such a location).
de facto sovereignty-resistant: they can continue to run by themselves autonomously on blockchain nodes that are outside the reach of sovereign entities trying to harm them.
A corollary of the two facts above is that autonomous stablecoins are best seen as foreign currencies in every country.
Thus, for example, from a technical and logical point of view, a Djed or Gluon stablecoin pegged to the USD would have a status in the USA (and elsewhere) similar to HKD (Hong Kong Dollar) or SGD (Singapore Dollar); a Djed or Gluon stablecoin pegged to the EUR would have a status in Europe similar to the .
However, instead of being issued by the sovereign monetary authorities of, respectively, Hong Kong, Singapore, Central African countries and West African countries, it is issued by a self-driving monetary policy implemented as a smart contract on a blockchain that is not tied to a particular location.