COTI Joins PayPal And Fireblocks To Advance Israel CBDC Project
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The COTI Foundation has announced it will be helping the Bank of Israel to expand its CBDC project alongside Paypal and Fireblocks
HIGHLIGHTS
Israel is looking to revive its Digital Shekel or CBDC project
The firm has tapped Layer-2 protocol COTI to bootstrap the CBDC project
COTI is now joining the likes of Paypal and Fireblocks in the venture
COTI Foundation has secured a seat with the likes of Paypal and Fireblocks to work on Israel’s Central Bank Digital Currency (CBDC) project. The Israeli CBDC is dubbed Digital Shekel.
Bank of Israel to Explore Advanced COTI Features
The Layer-2 scaling network COTI announced the strategic collaboration on X, stating that it is a significant milestone in its evolution.
