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

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

The commercial branch of the Cardano (ADA) blockchain is revealing plans to launch a new fiat-backed crypto asset pegged to the US Dollar. In a new announcement, EMURGO says that it is gearing up to launch USDA, the first ever USD-backed stablecoin for the Cardano ecosystem, early next year. According to EMURGO, the stablecoin was […]

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

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Cardano (ADA) Launches New Project To Accelerate Decentralized Application Development

The Cardano Foundation is accelerating decentralized application (DApp) development on Cardano (ADA) with the help of EMURGO. In a new announcement, the Cardano Foundation says they are teaming up with EMURGO, the commercial arm of Cardano, to develop a new set of tools to help developers support, maintain, and accelerate DApp growth within the ADA ecosystem. […]

The post Cardano (ADA) Launches New Project To Accelerate Decentralized Application Development appeared first on The Daily Hodl.

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Cardano Subsidiary Emurgo in Partnership With Pan-African Venture Studio

Cardano Subsidiary Emurgo in Partnership With Pan-African Venture StudioEmurgo, the investment arm of Cardano, has partnered one of its subsidiaries with Adanian Labs, a pan-African venture studio that is focused on building a platform where African tech start-ups can thrive and access all key resources that allow them to grow sustainably. Financial and Educational Empowerment via the Blockchain According to a statement issued […]

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Cardano to Invest $100 Million to Fund Decentralized Finance Projects

Cardano to Invest 0 Million to Fund Decentralized Finance ProjectsEmurgo, the financial arm of leading cryptocurrency project Cardano, has announced it will invest $100 million in the development of decentralized finance-based products for the ecosystem. The company will spin two subsidiaries for this task, with one being fully dedicated to incentivizing the creation of Africa-based startups that use the Cardano blockchain in the development […]

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