Coti, the issuer of Djed stablecoin on Cardano, has undergone a significant protocol upgrade, with Djed 1.2 now live.
Djed 1.2 is ushering in new improvements, including increased accessibility, which will solidify Djed’s position within the Cardano DeFi ecosystem.
Cardano-backed Stablecoin Djed has undergone a significant upgrade. COTI has announced the successful launch of the long-awaited version 1.2, which was confirmed via a post on X (formerly Twitter) by the stablecoin issuer COTI. According to the team, this significant improvement ushers enhanced functionality and accessibility.
Launched one year ago in January, the stablecoin has operated seamlessly amidst huge regulatory and technical concerns around stablecoins. Notably, the stablecoin has not lost its peg for the one year of operation. The release of version 1.2 is a continuation of the improvement roadmap, the most recent being in September last year.
Big news for Cardano DeFi! The most significant upgrade to Djed sinc
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