Cardano will finally have its own fiat-backed stablecoin after one of its founding entities, EMURGO, announced that the USDA stablecoin will launch on the ភស្តុតាងនៃភាគហ៊ុន network in the first quarter of 2023.
អេមឺហ្គោ បានប្រកាស on Nov. 18 that the stablecoin would be fully regulatory compliant and designed to protect Web3 participants from the crypto market’s inherent ភាពប្រែប្រួល. The US Dollar will fully back the stablecoin to ensure that it provides long-term price stability.
Source: https://beincrypto.com/cardano-to-gets-first-usd-backed-stablecoin-by-2023/