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New COTI Partnership to Enable NFT Payments with Cardano Stablecoin DJED

The launch of the stablecoin on Cardano’s mainnet is expected to occur this month.

COTI, a blockchain payment platform and the official issuer of Cardano’s algorithmic stablecoin Djed has inked a partnership with blockchain entity Yepple, which will facilitate NFT payments on Cardano using Djed. Yepple is a Florida-based firm that provides blockchain services, including dApp development and NFT payment gateways.

The recent partnership will help NFT creators to hedge against the fluctuation of ADA’s price, COTI disclosed in an announcement on Thursday. This is because creators will get an option to receive payments in Djed by listing their projects with a Djed price tag instead of ADA.

(By Ammara)

Cardano Cardano $0.88
-1.9%
Cardano NFT Djed stablecoin
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