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Cardano-Based Regulated Stablecoin USDA Will Hit the Market in Early 2023

2022/11/18 11:26

Cardano's development company entity, Emurgo, plans to launch USDA, a US-linked stablecoin in the first quarter of 2023 that will be fully fiat-backed and regulatory compliant. USDA is part of Emurgo's product Anzens, which plans to offer users a variety of financial services and products based on Cardano assets, including lending services, cryptocurrency-based card payments and a bridge between traditional marketplaces and DApps. USDA will be available on the Anzens platform and users will be able to tokenise USDA into USDA via credit/debit card, wire transfer or after trading ADA into USD.
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