JaraNetwork partners with COTI to Integrate $Djed Stablecoin

Canza Finance
2 min readAug 30, 2022

We are excited to announce our partnership with COTI, to innovate Djed within the Jara Network & Canza Finance Ecosystem. Djed is powered by COTI and it’s Cardano’s first over-collateralized algorithmic stablecoin developed by Input Output Global.

“Djed presents the ultimate foundation for creatives across emerging markets to leverage Cardano’s robust network and global economy to resolve long standing financial challenges. We resonate with Djed’s stable coin infrastructure and its approach toward frictionless international payments as it’s a critical need for Jara Network customers’’. We are excited to partner with Djed toward a common goal” — — Abiola Shogbeni — Head Jara Network

About Jara Network

The JaraNetwork intends to be the Largest African Digital Asset OTC desk on the continent underpinned by by-products curated that is as innovative as the market it serves.

What We Do

The JaraNetwork bridges the gap between centralized and decentralized finance by giving Africans access to blockchain-enabled financial services in the form of Remittance/Payment gateways, Capital Preservation, Capital Appreciation, Liquidity Management, and Custodial services.

Twitter: https://twitter.com/jaraNetwork_io

Canza Finance

Canza is building the world’s largest non-institutional-based financial system. Canza is utilizing Web3.0 and decentralized finance (DeFi) along with a robust network of experienced local money market players to distribute financial data and transaction-based services to the masses.

Website: Canza.io

Twitter: https://twitter.com/canza_finance?lang=en

Instagram: https://www.instagram.com/canzafinance/?hl=en

Linkedin: https://ng.linkedin.com/company/canza-finance

Discord for more information: https://discord.gg/JddhFeYUGB

About COTI

COTI is a DAG-based layer 1, specifically designed for enterprises. COTI meets the challenges of both centralized finance (fees, latency, global inclusion and risk) and Decentralized Finance (fees, clogging and complexity) by introducing a new type of DAG-based base protocol and infrastructure that is scalable, fast, private, inclusive, low cost and is optimized for finance.

Homepage: https://coti.io/

Twitter: https://twitter.com/COTInetwork

Discord: https://discord.com/invite/wfAQfbc3Df

Telegram: https://t.me/COTInetwork

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