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COTI Will Issue Djed Stablecoin on Cardano By CoinQuora

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Breaking: COTI Will Issue Djed Stablecoin on Cardano
  • founder declared that COTI will be the official issuer of its new stablecoin.
  • Charles Hoskinson made this statement at the Cardano Summit.
  • The Djed stablecoin is believed to use smart contracts for price stability.

Charles Hoskinson (the founder of Cardano) revealed at the Cardano Summit, that COTI would be the official issuer for its Djed stablecoin protocol-based stablecoin.

Presently, Cardano is one of the world’s largest blockchain platforms. The new stablecoin will be a great investment for the rapidly-growing Cardano ecosystem. The Djed stablecoin protocol uses smart contracts to guarantee price stability. What’s more, its smart contract programming mechanism also guarantee…

Continue reading on CoinQuora

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