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

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