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Cardano-Based Algorithmic Stablecoin "Pretty Close," COTI Founder Says

During a recent podcast appearance, Shahaf Bar-Geffen, chief technology officer at blockchain-based COTI Network, said that Djed, a Cardano-based algorithmic stablecoin, would be launched soon.

Bar-Geffen initially announced that the algorithmically-backed stablecoin would be launched in January 2023 at Cardano Summit last month.

(By Alex Dovbnya)

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