Is It True That Cardano Needs A “USD-Backed Stablecoin” Like USDT To Rally?

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ADA, ADAUSDT, Cardano, Cardano bulls, Cardano Price, Hydra, Input Endorsers, IOG, USDC, USDT

In a post on X, analyst Cardano Yoda believes that a USD-pegged stablecoin is crucial for ADA’s future success, suggesting that its integration could trigger a bull run sometime in 2025. A stablecoin, a token that’s “stable” since its price is pegged to a fiat currency like the USD or Euro, will ignite activity, driving decentralized finance […]