Cardano will finally have its own fiat-backed stablokinas after one of its founding entities, EMURGO, announced that the USDA stablecoin will launch on the akcijų paketo įrodymas network in the first quarter of 2023.
EMURGAS paskelbė on Nov. 18 that the stablecoin would be fully regulatory compliant and designed to protect Web3 participants from the crypto market’s inherent nepastovumas. The US Dollar will fully back the stablecoin to ensure that it provides long-term price stability.
Source: https://beincrypto.com/cardano-to-gets-first-usd-backed-stablecoin-by-2023/