Emugo, the foundation and commercial arm of the Cardano blockchain has just announced the launch a stablecoin exclusive for the ADA ecosystem. USDA, the new stablecoin, will be 100% backed. It will also receive regulatory approval. USDA will therefore be launched in 2023. Vineeth Bhuvanagiri, Emugo Fintech’s Managing Director, stated that the “Cardano ecosystem”

 

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