The Cardano network was launched at the end of 2017, so it will celebrate its seventh birthday this year.
In the beginning, Cardano was talked about as an academic project. Today, it is one of the most decentralized networks with a strong community and a growing ecosystem. Cardano is getting stronger every year.
What can we expect from the project in 2024? Let's look at the most important points. USD-Backed Stablecoin The most pressing issue for Cardano right now is the absence of a USD-backed stablecoin. Incredibly, TVL is growing even under these difficult conditions.
Djed and Indigo can largely compensate for the lack of a USD-backed stablecoin. However, people want a full-fledged stablecoin like USDT and USDC.
We expect the Cardano community to see a USD-backed stablecoin in Read article: What To Expect From Cardano In 2024
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