Published 1 year ago

Cardano to Launch Its dollar-backed stablecoin USDA

Summary by Ground News

The stablecoin will be called USDA and shall be pegged on a 1:1 ratio with the US dollar. Stablecoins are a special class of tokens backed by an asset that offers price stability to unpegged cryptocurrencies such as Bitcoin. USDA is part of Emurgo's broader plan to expand Cardano's use cases, including lending and borrowing services.

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ZyCrypto

Cardano's Self-Regulated Stablecoin Set for Launch in Early 2023 — Is ADA Ready For A Go At $1?

The Cardano ecosystem could have its first fully fiat-backed, regulatory-compliant stablecoin before the end of Q1 2023.

1 year ago

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CryptoGlobe

$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."

1 year ago

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The Daily Hodl

Cardano (ADA) Commercial Arm Unveils Plan To Launch Fiat-Backed Stablecoin Pegged to US Dollar - The Daily Hodl

The commercial branch of the Cardano (ADA) blockchain is revealing plans to launch a new fiat-backed crypto asset pegged to the US Dollar.

1 year ago

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CoinsCapture

Cardano to Launch Its dollar-backed stablecoin USDA

Reportedly, EMURGO, the commercial arm of Cardano, is all set to launch its new dollar-backed stablecoin USDA. This stablecoin will leverage the stability of the U.S. Dollar combined with Cardano’s security, low fees, and eco-friendly blockchain. It will also offer “locks in the value of investors’ crypto assets by pegging 1:1 to the U.S. dollar.

1 year ago

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cryptodaily.co.uk

Cardano-Based Stablecoin USDA to Launch in Early 2023

Emurgo, the commercial arm and founding member of the Cardano blockchain, will launch a new regulated stablecoin pegged to the United States dollar, USDA, in early 2...

1 year ago

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Cardano to Launch Its dollar-backed stablecoin USDA

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Cardano's Self-Regulated Stablecoin Set for Launch in Early 2023 — Is ADA Ready For A Go At $1?

Cardano's Self-Regulated Stablecoin Set for Launch in Early 2023 — Is ADA Ready For A Go At $1?

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

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

Cardano (ADA) Commercial Arm Unveils Plan To Launch Fiat-Backed Stablecoin Pegged to US Dollar - The Daily Hodl

Cardano (ADA) Commercial Arm Unveils Plan To Launch Fiat-Backed Stablecoin Pegged to US Dollar - The Daily Hodl

Cardano to Launch Its dollar-backed stablecoin USDA

Cardano to Launch Its dollar-backed stablecoin USDA

Cardano-Based Stablecoin USDA to Launch in Early 2023

Cardano-Based Stablecoin USDA to Launch in Early 2023

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