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CryptoGlobe

2022-11-19 01:20:40

$ADA: Cardano Getting Its First Fully Dollar-Backed Regulatory-Compliant Stablecoin

$ADA: Cardano Getting Its First Fully Dollar-Backed Regulatory-Compliant Stablecoin

On Friday (18 November 2022), EMURGO, which is the commercial arm of Cardano, announced the planned launch of its new dollar-backed stablecoin USDA, which is “the first fully fiat-backed, regulatory compliant stablecoin in the Cardano ecosystem.” EMURGO, which was founded in 2017, is “a global blockchain technology company providing solutions for developers, startups, enterprises, and governments”;

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