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Cardano Ecosystem

Cexplorer

03/06/2024

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The Cardano Roadmap Is A Journey Through History And Innovation

Circle has made the immediate decision to cease the minting of USDC on the Tron platform.

The Cardano Roadmap Is A Journey Through History And Innovation

Circle has made the immediate decision to cease the minting of USDC on the Tron platform. Current USDC holders have the option to transfer their USDC to a different platform or exchange it for fiat currency. 

Circle has not revealed specific reasons for their departure from Tron, leading to speculation about potential regulatory pressures. Despite this, we continue to support initiatives to introduce USD-backed stablecoins on the Cardano platform. 

We appreciate and encourage the efforts of all community members working towards this objective. However, it’s important to remain cautious and understand the risks associated with USD-backed stablecoins. 

Stables Help Blockchain Adoption Approximately 70% of all transactions within the cryptocurrency sector are associated with stablecoi Read article: Let's Be Careful With The USDC

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ORIGINAL SOURCE

https://cexplorer.io/article/the-cardano...

Disclaimer: Cardano Feed is a Decentralized News Aggregator that enables journalists, influencers, editors, publishers, websites and community members to share news about the Cardano Ecosystem. User must always do their own research and none of those articles are financial advices. The content is for informational purposes only and does not necessarily reflect our opinion.


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