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. The US Dollar will fully back the stablecoin to ensure that it provides long-term price stability

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