\u2013 Advertisement \u2013<\/span><\/p>\n Djed is getting more and more attraction.<\/strong><\/p>\n As Cardano\u2019s official stablecoin Djed edges close to its mainnet deployment, several organizations have indicated an interest in using the algorithmic stablecoin.<\/p>\n COTI, the official issuer of Djed, noted that it has recently inked partnership deals with five companies that will use the algorithmic stablecoin on their respective platforms.\u00a0<\/span><\/p>\n Since our last update about a month ago, we have announced 5 new partnerships to use $Djed<\/a>. We also see more reviews from KOLs discussing algorithmic stablecoins and why overcollateralization is crucial.<\/p>\n Read the latest Djed updates and timeline: https:\/\/t.co\/rOiGCkeJ1o<\/a>$COTI<\/a> pic.twitter.com\/4mCJRfcs7O<\/a><\/p>\n \u2014 COTI (@COTInetwork) July 29, 2022<\/a><\/p>\n Trading Trent<\/span><\/strong><\/p>\n According to an announcement<\/span>, COTI partnered with Trading Trent to integrate Cardano stablecoin into its trading system.<\/span><\/p>\n The move will enable Trading Trent users to utilize the stablecoin in the purchase of Cardano non-fungible tokens (NFTs) and other ecosystem tokens.<\/span><\/p>\n Kirkstone<\/span><\/strong><\/p>\n In a similar development,\u00a0<\/span>COTI also partnered with Kirkstone<\/span>, an organization leveraging Cardano to revolutionize the real estate industry.\u00a0<\/span><\/p>\n Kirkstone partnered with COTI to integrate $Djed to its platform, to protect its clients from increased market volatility.\u00a0<\/span><\/p>\n Iagon<\/span><\/strong><\/p>\n As reported by TheCryptoBasic, COTI also announced this month that\u00a0<\/span>it has partnered with cloud computing platform Iagon<\/span><\/a> as part of growing Djed\u2019s adoption.\u00a0<\/span><\/p>\n Iagon is planning to integrate Djed into its upcoming marketplace for decentralized computing resources. The algorithmic stablecoin will play an integral role in the trading process of the marketplace.\u00a0<\/span><\/p>\n Astarter<\/span><\/strong><\/p>\n Similarly,\u00a0<\/span>COTI recently collaborated with Astarter<\/span>, as part of the growing partnership for $Djed\u2019s adoption. Astarter plans to use $Djed to bring Cardano stable market pairs to its trading platform dubbed the Astarter Decentralized Exchange (ADEX).\u00a0<\/span><\/p>\n Thrift<\/span><\/strong><\/p>\n![\"\"](\"https:\/\/thecryptobasic.com\/wp-content\/uploads\/2022\/04\/Follow-Us-On-Google-News.png\" "\\"\\"")
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