Posted 3/19/2024, 4:02:51 PM
Cardano Pursues Growth With USDM Stablecoin, ETF Product, and Hydra Scaling Solution
- Launch of USDM stablecoin on Cardano to attract users and boost DeFi ecosystem
- Potential to elevate Cardano's standing in stablecoin market with secure, algorithmic alternative
- Cardano ETF product bridges crypto with traditional finance and broadens investor appeal
- Continued development of Hydra Layer 2 solution to enhance scalability and efficiency
- Founder Hoskinson refutes rumors of abandoning Hydra, community resolving obstacles
