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01/19/2024

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The community wants USDC on Cardano

Part of the community wishes to have USDC on Cardano. On other platforms, it is possible to freeze an account with USDC or blacklist addresses.

The community wants USDC on Cardano

Part of the community wishes to have USDC on Cardano. On other platforms, it is possible to freeze an account with USDC or blacklist addresses. 

Therefore, part of the community does not want this stablecoin on Cardano. Anyway, let’s discuss how to get USDC on Cardano. Positives and negatives of USDC Stablecoins are an essential part of any DeFi ecosystem, as they address one of the biggest obstacles to using cryptocurrencies, namely volatility. 

Financial services require stability. If the blockchain industry is to bring financial infrastructure to developing countries, a stablecoin is a key component. Regarding tokenization, the two most unsuccessful projects are USDT and USDC. Both projects are in the top 10 by market capitalization. 

USDC would bring a lot of liquidity to the Read article: The community wants USDC on Cardano

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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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