Cardano to enable new DeFi stablecoin with Coti By Cointelegraph
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Cardano to enable new DeFi stablecoin with CotiA new stablecoin is arriving on the blockchain to provide a tool for decentralized finance (DeFi) operations and avoid transaction fees.
Cardano’s payment gateway provider, Coti, will be the official issuer of Djed, a new DeFi-focused stablecoin for the Cardano network, Cardano founder Charles Hoskinson and Coti CEO Shahaf Bar-Geffen announced Sunday at the Cardano Summit.
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