• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Cardano and Stablecoin Integration: The Debate Continues

user avatar

by Giorgi Kostiuk

3 months ago


The integration of stablecoins like USDC and USDT into the Cardano ecosystem remains a contentious issue among the community, sparking debate on its importance and implications.

Issues of Stablecoin Integration

The absence of major partnerships between Cardano and stablecoins like USDC and USDT raises doubts among ADA enthusiasts about the blockchain's potential. A recent post by community member Mateusz Czeladka reignited this discussion, criticizing the Cardano Foundation's reluctance to collaborate with notable stablecoin issuers.

Charles Hoskinson's Response

Charles Hoskinson responded that the Cardano Foundation had the opportunity to integrate USDC back in 2021 for $3 million. However, the offer was declined, leading to disagreements about a missed opportunity.

The CF could have integrated Circle back in 2021 for 3 million dollars... but they turned down the deal. Then you rewrite history to eschew any of their responsibility.Charles Hoskinson

Impact on Cardano's Growth

Mateusz Czeladka claims that the Foundation's unwillingness to act and internal dynamics may have hindered Cardano's growth potential, especially compared to other blockchains that have embraced USDC and USDT.

The controversy over stablecoin integration continues, highlighting a tense situation within the Cardano community. Future developments may significantly impact the platform's strategic decisions.

0

Share

Other news

BlockDAG: How the Cryptocurrency Surpassed 2,380% ROI and Future Forecasts

BlockDAG's success in the past year includes 2,380% ROI and price forecasts predicting growth to $30 by 2030.

user avatarGiorgi Kostiuk

2 minutes ago

Pi Coin: Current Trends and Price Prediction

Pi Coin shows significant price drop, currently trading at $0.5645. Analysis of technical indicators and potential scenarios.

user avatarGiorgi Kostiuk

2 minutes ago

BlockDAG: Advantages and Perspectives for Developers

BlockDAG is emerging as a preferred choice for developers due to its high performance and flexible scaling options.

user avatarGiorgi Kostiuk

4 minutes ago

Why AI Tokens Are Gaining Popularity in the Crypto World

The cryptocurrency market is experiencing fluctuations, while AI tokens attract investors' attention due to new possibilities.

user avatarGiorgi Kostiuk

5 minutes ago

Dragoin: A New Cryptocurrency with Gaming Elements and Cultural References

Dragoin cryptocurrency merges gaming, memes, and cultural references, creating a unique product in the market.

user avatarGiorgi Kostiuk

5 minutes ago

Volatility of Bitcoin: Market Risks and Predictions

Analysis of current risks and opportunities for Bitcoin amidst market volatility.

user avatarGiorgi Kostiuk

15 minutes ago

dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.