As stated in the announcement, Cogito Protocol will explore the certainty of launching stablecoin trading pairs between Cardano’s Djed and its tracercoins, a new class of digital currencies.
Much more, it will be adding to its treasury reserve in a bid to prevent the value of Cogito’s stablecoins from fluctuating.
It is worth noting that the since the acceptance of COTI as the official issuer of Cardano’s stablecoin, Djed, it has collaborated with various leading companies to foster the widespread adoption of the stablecoin.
The companies that have already joined in the partnership include Wingriders, Trading Trent, Kirkstone, Iagon, Thrift, Astarter, and Cardano Warriors.
[…] DAG-based Layer 1 protocol, COTI unveils a new partnership for the official stablecoin of Cardano, Djed, as Empowa, a RealFi Project […]