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