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Revolut Adds Support for Cardano Stablecoin Issuer COTI Network (COTI) 

diego by diego
August 6, 2022
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Revolut, a cryptocurrency-friendly digital banking startup, has expanded its checklist of cryptocurrency choices. 

The company noted in an announcement that it added COTI Community’s native cryptocurrency to its monetary app. 

“We’re happy to tell you that Revolut has added COTI (ERC20) to its supported crypto providing of their app! Revolut is constructing the world’s first world monetary super-app,” Revolut stated. 

Following the announcement, COTI might be made accessible to Revolut’s prospects dwelling in the UK (UK) in addition to the European Financial Space (EEA). 

Revolut Crypto Choices Surpasses 80 Cash

Revolut has continued to develop its cryptocurrency choices to incorporate extra crypto belongings. This comes lower than three years after the corporate introduced that it could provide its shoppers digital currencies. 

With the COTI token added to the checklist of Revolut’s supported cryptocurrency belongings, the corporate has expanded its crypto providing to greater than 80 digital currencies. 

The crypto digital banking startup helps a number of the high cryptocurrencies, together with Bitcoin (BTC), Ethereum (ETH), and Bitcoin Money (BCH). 

Apparently, Revolut’s customers have surged tremendously following the corporate’s enterprise into the crypto area. In line with Revolut, it has greater than 20 million customers globally, who conduct over 250 million month-to-month transactions. 

COTI Community’s Play Lively Position in Cardano’s Djed’s Issuance

COTI is the native digital foreign money of COTI Community, a number one enterprise-grade fintech firm primarily based on the Cardano community. 

It’s noteworthy that COTI Community was chosen final yr to develop into the official issuer of Cardano’s official stablecoin, Djed. Charles Hoskinson, the founding father of Cardano, introduced in September 2021. 

Since its choice, COTI Network has partnered with numerous projects as a part of efforts to bolster the issuance of the algorithmic stablecoin. 

A number of the corporations COTI Community has partnered with for the issuance of Djed’s stablecoin embrace Cardano-based decentralized alternate SundaeSwap and cloud computing platform Iagon, amongst others. 

Over the previous month, COTI announced five new partners that can use the Djed algorithmic stablecoin on their respective platforms. 

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Tags: addsCardanoCotiIssuerNetworkRevolutStablecoinsupport
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diego

diego

I was born in Italy, 43 years ago. I started to be interested in the crypto world, about 7 years ago, when Bitcoin was little known in my country (Italy).Over time I started to devote myself to other altcoins and for a year, I have been following with great interest, Dogecoin, Shiba Inu and the world of memes. I believe that the crypto world is not for everyone, but if you really want to buy cryptocurrencies, invest only what you can afford.

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