When I look at the Cardano ecosystem and compare it to other platforms, I have to be happy with the development. Cardano is a young platform so it needs more time to establish itself. But one thing is worrying at first glance. The Cardano ecosystem lacks the standard USD-backed stablecoins USDT and USDC. This may hinder growth. We desperately need a USD-backed stablecoin.
Read the article: https://cexplorer.io/article/the-cardano-ecosystem-desperately-needs-a-usd-backed-stablecoin