Cardano Ecosystem

Cardano & Its' Stablecoins - iUSD, Djed, USDa, SigmaUSD, dUSD, USDm




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Cardano is on the cusp of a stablecoin evolution. With the initial launch of the iUSD, the synthetic stablecoin from Indigo Protocol launches native stablecoins in the Cardano ecosystem. This is just the first of many stablecoin protocols that will be launching on Cardano with lots of different flavours for consumers to choose from. From over-collateralised stablecoins to algorithmic stablecoins and 1-to-1 fiat-backed stablecoins that are either fully or not fully regulated. Cardano will be flooded with options giving DeFi users many choices when participating in DeFi or even simply using it to purchase NFTs. I want to congratulate Indigo for being the first to market with a Cardano native stablecoin, and I look forward to many other platforms launching very soon.

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