Cardano To Launch New Algorithmic Stablecoin in 2023
Proof-of-stake blockchain platform, Cardano, has partnered with COTI, a DAG-based Layer 1 protocol, to launch what it refers to as an over-collateralized algorithmic stablecoin. The project said in an announcement provided to Cointelegraph that the stablecoin will be backed by excess collateral in the form of cryptocurrency stored in a reserve.
Tuition Coin Announces Teach to Earn on Cardano
Tuition Coin, a novel Crystal Chain product, is the newest Teach to Earn project on the Cardano blockchain. Designed to incentivize further participation in educational technology, Tuition Coin powers a new system that will benefit both teachers and students.
Cardano To Launch Regulated Stablecoin In Early 2023
Cardano’s ecosystem is set to take off its first fully fiat-backed, regulatory-compliant stablecoin by the end of the first quarter of 2023. The stablecoin will be called USDA and is set to create the Cardano Decentralized Finance (DeFi) ecosystem healthier and more sustainable.
Monero: Shame on Cardano IOG for Launching Privacy Blockchain
Monero has slammed Input Output Global’s data protection blockchain, deriding the idea that it has a backdoor for regulators, in a tweet today.
Grayscale Report: In Depth Analysis on Cardano Network and the ADA Ecosystem
Cardano takes a unique approach to several of its technology implementations but aspects of the network’s full design vision are also not yet live.
Cardano Is Launching New Privacy Blockchain and Token
Input Output Global (IOG), the firm behind the Cardano blockchain, is releasing a new privacy-focused blockchain called Midnight and a token called dust to accompany the new network.
Cardano Developer Emurgo To Issue Fiat-Pegged Stablecoin Called USDA
Cardano developer Emurgo announced plans to issue a U.S. dollar-pegged stablecoin called USDA on the network in early 2023.