Cardano delays Mehen stablecoin launch to March after audit issues
- Cardano's stablecoin Mehen launch delayed from Jan 16 to March 16 due to smart contract audit issues
- Delay aimed to strengthen security and future-proof Mehen contracts
- Cardano price dropped 12.1% over the last 30 days following the delay
- Research firm K33 recommends selling all ADA due to lack of network activity and stablecoins
- Mehen launch could reinvigorate interest, but impact remains uncertain