Indicators flash bullish on COTI ahead of its mainnet and Djed stablecoin launch

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Indicators flash bullish on COTI ahead of its mainnet and Djed stablecoin launch
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Cointelegraph Markets Pro users were moving their attention to COTI after indicators went off following a mainnet and stablecoin launch.

Development never stops in the fast-paced and competitive crypto sector and COTI is one project that is flashing some bullish signs.show that COTI, an enterprise-grade financial technology platform focused on decentralized payments and digitization for any form of currency, could be on the verge of a breakout.

Launching MultiDAG 2.0 on the COTI mainnet will also enable the creation of a governance token for COTI’s treasury, which will be the first enterprise token and a payment token on top of the COTI Trustchain. Some of the Cardano-based protocols that COTI has established working relationships with include the Cardano DeFi Alliance, Adaswap, Project Catalyst and NFT-Maker.Djed stablecoin adoption

Djed is a crypto-backed algorithmic stablecoin developed by Cardano and COTI that uses smart contracts to maintain a stable price and intended to power the Cardano DeFi ecosystem.

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