Latest djed News, Opinions, & Feed Today

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Stablecoin "Djed" developed by IOG and powered by COTI, successfully won the first battle test for its PEG-Test on 13th March'23🤺
Currently, each Djed is backed by 4.5X RESERVE value and can be minted at djed.xyz

#coti #djed #cardano #ada #Stablecoins

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Do you know?
Djed's trading volume has grown 8-10X in last one month!
#djed #usdc #usdt #coti #BTC

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Within 45 days of the launch, Djed now holds TOP 4 RANK among all protocols and dApps on Cardano chain in terms of TVL.

The stablecoin has strongly holded its peg even amongst all recent turbulances in the market.
#djed #coti #ada #cardano #USDT

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No matter what the price on exchanges, Djed is always redeemable for $1 worth of ada on the protocol at djed.xyz

Each Djed is over-collaterised by 4.25X more reserves then its value as I write.
#djed #cardano #ada #SVB #coti

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Bullish

Bullish on coti 📈

#coti #Bitcoin_Coneference_2024 #ETH_ETFs_Trading_Today #cotiv2 #djed

$COTI

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Binance News

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COTI Joins Israel's Central Bank CBDC Project With PayPal And Fireblocks

According to BlockBeats, on July 23, DAG payment network COTI will participate in the Central Bank Digital Currency (CBDC) project initiated by Israel's central bank. This project will also see the involvement of major companies such as PayPal and Fireblocks. The collaboration aims to explore and develop the potential of digital currencies within the financial ecosystem.

COTI

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