AgeUSD Becomes The First Stablecoin to be Launched on Cardano Network
Last week has seen many developments in the Crypto world as AgeUSD, a novel stablecoin will launch on the Cardano network, handing Cardano its first stablecoin. It is a new stablecoin that has been created by Emurgo and Ergo foundation in collaboration with Input-Output Global. Cardano’s ADA is the seventh largest cryptocurrency by market capitalisation. Recent reports have gone on to show Cardano’s ambition as they have continuously made improvements to match current global trends. The network earlier announced that it will be making Alonzo upgrades sometimes later in the year. News about AgeUSD was first made public by Emurgo…