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<ul class="news-points">
 <li><strong>COTI’s selection for Israel’s CBDC project boosts its status alongside PayPal and Fireblocks.</strong></li>
 <li><strong>COTI’s 8.19% price increase, driven by a 950.61% volume surge, signals strong market interest.</strong></li>
 <li><strong>Breakout with strong bullish candle suggests COTI may see a two-fold increase soon.</strong></li>
</ul>
<p>COTI, a blockchain network focused on payments, has been selected by the Central Bank of Israel to participate in its Central Bank Digital Currency (CBDC) pilot project.</p>
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   <p lang="en" dir="ltr">COTI will take part in the Central Bank of Israel's <a href="https://twitter.com/hashtag/CBDC?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#CBDC</a> project alongside giants like <a href="https://twitter.com/PayPal?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">@PayPal</a> and <a href="https://twitter.com/FireblocksHQ?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">@FireblocksHQ</a><br><br>This is a major milestone for COTI as it positions itself as a leader in the CBDC market! <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f31f.png" alt="🌟" class="wp-smiley" style="height: 1em; max-height: 1em;"><br><br>Read more: <a href="https://t.co/OQrQ5YKqtt" target="_blank" rel="noopener noreferrer nofollow">https://t.co/OQrQ5YKqtt</a><br><br>1/3 <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f9f5.png" alt="🧵" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/5YFxqJ595D" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/5YFxqJ595D</a></p>— COTI Foundation (@COTInetwork) <a href="https://twitter.com/COTInetwork/status/1815752295423914197?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">July 23, 2024</a>
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<p>This collaboration places COTI alongside established financial players like PayPal and Fireblocks, marking a significant step forward for the blockchain network in the global financial landscape.</p>
<p>As noted by analyst Dan Gambardello, the only blockchain network chosen, COTI is poised to play a crucial role in shaping the future of digital currencies issued by central banks.</p>
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   <p lang="en" dir="ltr">This is some insanely big…</p>
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<p>The post <a href="https://coinedition.com/israel-chooses-coti-for-cbdc-pilot-coti-price-surges/" rel="noopener noreferrer nofollow">Israel Chooses COTI for CBDC Pilot, COTI Price Surges</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

Israel Chooses COTI for CBDC Pilot, COTI Price Surges

Coin Edition

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