328. Cardano Stablecoin "Djed" Created By Coti | ADA + COTI Analysis

Sep 28, 2021 · 22m 3s
328. Cardano Stablecoin "Djed" Created By Coti | ADA + COTI Analysis
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Looking for the best tax havens for Crypto? Free Month with iTrust Capital - Use PROMO CODE - PAUL BARRON https://rebrand.ly/PAULBARRON IO Global (IOG), the blockchain technology firm responsible for...

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Looking for the best tax havens for Crypto? Free Month with iTrust Capital - Use PROMO CODE - PAUL BARRON https://rebrand.ly/PAULBARRON

IO Global (IOG), the blockchain technology firm responsible for the development of Cardano ($ADA), and FinTech startup COTI Group, unveiled Djed, a new algorithmic stablecoin for Cardano that was developed by the former and is issued by the latter. Djed’s use of smart contracts ensures price stabilization. Djed can be useful in decentralized finance (DeFi). It works by “keeping a reserve of base coins, and minting and burning stablecoins and reserve coins.”

#Cardano #COTI #Crypto
~Cardano Stablecoin "Djed" Created By Coti | ADA + COTI Analysis~
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