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Bitcoin $115,901.00 -0.01%
Ethereum $4,620.68 -0.84%
BNB $933.04 +0.05%
Optimism $0.79 -4.43%
Arbitrum $0.52 -4.92%
Solana $241.20 +0.02%
Polygon $0.22 +2.77%
Cosmos $4.66 -3.67%
Avalanche $29.37 -1.81%

COTI CEO Differentiates Djed As Overcollateralized Stablecoin

Shahaf Bar-Geffen, the CEO of COTI, said Djed is an overcollateralized stablecoin and not an algorithmic stablecoin.

During COTI’s first update of 2023, Bar-Geffen took the opportunity to make clear that the soon-to-be-launched Djed stablecoin is to be referred to as an overcollateralized stablecoin, despite it operating on an algorithmic design.

(by Samuel Wan)

Djed stablecoin

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COTI CEO Differentiates Djed As Overcollateralized Stablecoin

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BlockX.VC Makes Strategic Investment in TronBank.Pro, Expands into TRON Energy Finance

BitradeX Token (BTX) Officially Listed on CoinMarketCap with Real-Time Market Data Now Available

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Hong Kong Legislative Council Member Tam Yue-heng: Accelerate the issuance and trading of stablecoins that match the characteristics of the linked exchange rate system

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