Cardano Stablecoin

Cardano Stablecoin Ecosystem Ardana Suddenly Halts Development

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Ardana, a decentralized ecosystem that had been working on a Cardano stablecoin, has halted development because of funding and project timeline uncertainty. Some in the community have called it a scam. Ardana, a decentralized ecosystem on Cardano, has halted its development, much to the dismay of the crypto community. The project tweeted on Nov. 24 … Read more

Cardano to Get First USD-Backed Stablecoin by 2023, With New Privacy Blockchain and Token

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Cardano will finally have its own fiat-backed stablecoin after one of its founding entities, EMURGO, announced that the USDA stablecoin will launch on the proof-of-stake network in the first quarter of 2023. EMURGO announced on Nov. 18 that the stablecoin would be fully regulatory compliant and designed to protect Web3 participants from the crypto market’s … Read more