COTI has announced a partnership with Revuto for providing Djed, a stablecoin, on its platform. The partnership between Djed and Revuto will benefit end customers greatly, providing exciting new options such as filling up Revuto debit cards utilising Djed’s capability.
Revuto is a FinTech firm that provides a DeFi solution for managing recurring subscription payments using a prepaid debit card backed by Cardano native tokens. COTI is the world’s first decentralised payment blockchain technology, built for retailers, payment dApps, governments, and stablecoin issuers.
COTI and Djed connection
Earlier this year, COTI confirmed the issue of Djed, Cardano’s official algorithmic stablecoin. Djed is a Cardano-based algorithmic stablecoin system that acts as an independent bank, buying and selling at a price that is tied to a target price. On top of Cardano, Djed is commonly used by DEXs, wallets, and dApps.
Djed stablecoin on Revuto platform by COTI
With the collaboration, subscribers of Revuto’s subscription management solution will be able to buy Djed tokens with fiat currency. To stay on top of the blockchain crypto industry, Revuto’s senior management is trying very hard to make the most of its cooperation with Djed.
Revuto’s CEO, Vedran Vukman, expressed his delight at the completion of the cooperation with COTI. Their participation in the most cutting-edge technology in this mushrooming industry has resulted in substantial advantages across the board. Revuto’s key strength is demonstrating project readiness, primarily in supply-side settings, for which the relationship with COTI provides the most fertile ground.
The development of durable crypto-based payment systems with the greatest effect on end-users is one of the key pillars of the broader blockchain ecosystem. COTI will benefit from the introduction of the Djed collaboration, which continues to seek strategic relationships with like-minded crypto-asset firms.
