Cardano Djed stablecoin secures another partnership before going live $COTI CardanoADA CardanoCommunity ADA Vasilhardfork
COTI states,"The fact that Djed has a 400%-800% over-collateralization and is backed by ADA makes us confident that it will become the ultimate stablecoin for the Cardano network."
In terms of Djed’s timeline, as announced by IOG, the Vasil hard fork mainnet event has been delayed by a few weeks. In line with the Vasil Hard fork, the deployment of Djed to the mainnet may occur only after the Vasil hard fork is completed. The Vasil hard fork is supposed to dramatically improve the network's efficiency and, with that, increase the number of transactions that can be made on top of Djed's platform.
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