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USDA: Fully Reserved Stablecoin by Anzens

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by Giorgi Kostiuk

16 hours ago


USDA is a new stablecoin on the Cardano platform, created through a collaboration among Anzens Inc., EMURGO, and BitGo Trust. This coin provides users with access to a stable currency, fully backed by fiat assets.

What is USDA?

USDA is a stablecoin functioning on the Cardano platform, fully backed by reserves, ensuring its stability. It was created through technical collaboration between Anzens Inc., EMURGO, and BitGo Trust, providing a high level of reliability and security.

Accessing USDA on Minswap

Currently, USDA is available on the decentralized exchange Minswap. There are two main ways to access this coin: by exchanging ADA for USDA and by exchanging USDM for USDA. Users can easily make trades by following simple steps on the Minswap platform.

Overview of Anzens and EMURGO

Anzens Inc. is a financial services company, the issuer of USDA, focused on regulatory compliance and creating secure financial products. EMURGO, established in Japan, is one of the co-founders of the Cardano blockchain and actively promotes the adoption of blockchain technology and asset tokenization.

USDA represents a significant step towards stable financial instruments based on blockchain technology. With the support of companies like Anzens and EMURGO, this coin promises to become an important component in the world of digital assets.

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