HomeCrypto NewsMarketCOTI's New Partnership Will Allow Cardano Stablecoin Djed to Be Used as a Payment Method for NFTs

COTI’s New Partnership Will Allow Cardano Stablecoin Djed to Be Used as a Payment Method for NFTs


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COTI Announces New Partnership to Further Boost the Adoption of Cardano Stablecoin Djed.

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COTI, the official issuer of Cardano stablecoin Djed, has added yet another partner as part of the growing adoption of the algorithmic stablecoin.

Cardano Warriors is the latest crypto project that has declared interest in Djed and has gone ahead to partner with COTI.

According to an official announcement today, Cardano Warriors will integrate Djed into its platform to bring stability to buying and selling non-fungible tokens (NFTs) based on the Cardano blockchain.

Cardano Warriors players will be allowed to use Djed as an alternative payment to ADA when trading their in-game NFTs.

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“The integration of Djed will help to bring a stable way of buying and selling NFTs minted in Cardano Blockchain. Djed will be another alternative rather than ADA for Cardano Warrios’ players to trade their NFTs within the game.”

It is noteworthy that Cardano Warriors is a Massive Multiplayer On-chain Role-Playing Game (MMORPG) that allows players to trade in-game assets.

Cardano Warriors adds to the list of companies that have partnered with COTI to adopt the Cardano algorithmic stablecoin. As reported, COTI has already inked partnerships with top companies, including Iagon and WingRiders, to ensure the proper utilization of Djed across the Cardano ecosystem.

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Ammara Mubin is a cryptocurrency reporter and trader with vast experience in the industry. Mubin has written several news stories related to the crypto industry, including non-fungible tokens (NFTs), decentralized finance (DeFi), fundraising, mining, etc. Her major focus is covering regulatory events that are capable of shaping the entire crypto ecosystem.

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