Coti has moved well beyond its original DAG-based payment design and is now positioned as a privacy-focused payment infrastructure on Ethereum. According to the source material, Coti V2 went live in 2025, introducing a Layer 2 network built to improve transaction speed, privacy, and scalability for digital payments.
From a DAG payment network to Ethereum Layer 2
Coti, short for Currency Of The Internet, first launched in 2017 as a payment network built around a DAG architecture. With V2, the project replaced its earlier Trustchain algorithm and DAG structure with a new Ethereum Layer 2 model. Transactions are processed off-chain and later settled on Ethereum, giving the network access to the security of the base layer while keeping execution outside the main chain.
That shift changes the project’s role. It is no longer framed only as a payments rail, but as a broader privacy infrastructure for Web3 applications that need both throughput and confidentiality.
Garbled Circuits sit at the center of the upgrade
The defining technical feature of Coti V2 is its use of Garbled Circuits. This cryptographic method allows encrypted computation, which means transactions can be validated without exposing the underlying data. In the source material, Coti says this approach is 3,000 times faster than traditional privacy protocols such as ZK-SNARKs.
The point is simple: privacy systems often add computational overhead, and Coti is trying to cut that burden while preserving confidentiality. That technical claim is central to how the network is being presented after the V2 launch.
MultiDAG keeps room for multiple token ecosystems
Coti also supports a MultiDAG framework, allowing multiple token ecosystems to run on the same infrastructure at the same time. The examples named in the source include stablecoins and enterprise-specific tokens. This gives the network a role that extends beyond consumer payments into token issuance and asset movement for businesses and institutions.
On the usage side, Coti is designed for private, secure, high-throughput payments across peer-to-peer, business-to-business, and machine-to-machine settings. Through Coti Pay and the broader ecosystem, merchants can accept fiat and crypto payments with near-instant settlement and relatively low fees. Developers and institutions, meanwhile, are pitched a network for building privacy-preserving tokenized economies.
The COTI token remains the economic core of the network
Even after the architectural shift, the COTI token still powers the system. It is used for transaction fees, staking, node operator incentives, and governance participation. That gives the token both operational and economic importance across the network.
The source states that COTI has a total supply of 2.11 billion tokens and a maximum supply of 4.91 billion. On security, the material says the network runs on Ethereum Layer 2 and has been audited by Hacken.
Price history shows a 2021 peak and a lower 2025 trading level
COTI entered the market in 2019 and initially traded around $0.03 to $0.05, with limited volatility in the early period. Its first major rally came during the 2021 altcoin and DeFi cycle, when the token climbed to an all-time high of about $0.68 in September 2021.
The source links that move to stronger adoption, partnerships including Cardano, and the rollout of products such as COTI Pay and the native treasury. Like many digital assets, COTI fell during the broader market downturn in 2022. By May 2025, the token was trading at roughly $0.072, which the material associates with cautious investor sentiment and macroeconomic conditions.
Use cases now extend past payments
As described in the source, Coti’s scope now stretches into DeFi, healthcare, and supply chain applications alongside payments. The reasoning is direct: if an application needs private data handling without giving up speed and scalability, Coti wants to be the infrastructure layer supporting it.
Its current narrative is built around that combination. By tying Ethereum Layer 2 settlement to Garbled Circuits and MultiDAG support, Coti is presenting a single stack for private payments, token ecosystems, and Web3 application development. What can be firmly stated for now is the project’s published architecture, token functions, and recorded price history.