Cardano will have a USD-backed stablecoin

EMURGO is the official commercial arm and one of the three founding entities of the Cardano project. The entity announced the planned launch of a new US dollar-backed USDA stablecoin. The launch is scheduled for Q1 2023. Cardano will have its own stablecoin, an essential part of any DeFi ecosystem.


  • USDA requires trust in a third party.
  • USDA will be native Cardano tokens.
  • Banking the unbanked dream can become a reality thanks to stablecoins.

This article was prepared by Cardanians with support from Cexplorer.

Read the article: Cardano will have a USD-backed stablecoin | Cardano Explorer

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