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

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 […]

Cardano Founder Debunks Hydra’s Alleged Scaling Issues

ADA, adausd, Cardano, Charles Hoskinson, Hydra

Cardano founder Charles Hoskinson recently tackled rumors concerning Hydra’s scaling issues in a detailed video update. Hydra, an integral layer-2 scaling solution for the Cardano blockchain, seeks to ramp up the transaction processing ability of the network. It accomplishes this by permitting the opening of multiple heads or channels, facilitating off-chain transactions between participants. Cardano […]