Breaking: COTI Will Issue Djed Stablecoin on Cardano
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- Cardano founder declared that COTI will be the official issuer of its new stablecoin.
- Charles Hoskinson said this during the Cardano Summit.
- It is said that the Djed stablecoin leverages smart contracts to ensure price stability.
The founder of Cardano (ADA), Charles Hoskinson, revealed in the Cardano Summit that COTI will be the official issuer of its new stablecoin based on the Djed stablecoin protocol.
Presently, Cardano is one of the world’s largest blockchain platforms. For the fast-growing Cardano ecosystem, the new stablecoin is a timely venture. In detail, the Djed stablecoin protocol leverages smart contracts to ensure price stability. What’s more, its smart contract programming mechanism also guarantee...
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Text source: News – CoinQuora – Latest Cryptocurrency and Block
