Cardano usd stablecoin. Jul 31, 2025 · Cardano’s upcoming Moneta USDM stablecoin is drawing a lot of attention for its advanced privacy architecture, which is being designed to meet enterprise-level compliance needs. Anzens is built on Cardano to offer a unique ecosystem that is trusted, efficient, and robust. 8563 USD with a 24-hour trading volume of $1,941,925,544. Mar 7, 2025 · Cardano's DeFi activity shows a growing trend, but its Total Value Locked remains underwhelming, and its stablecoin footprint is limited without Tether or USD Coin. USDA is the first fully fiat-backed, regulatory compliant The live Cardano price today is $0. SINGAPORE – November 18, 2022 – EMURGO, the official commercial arm and a founding entity of the Cardano blockchain, announces the planned launch of its new U. Nov 17, 2022 · The stablecoin is the first offering in its ‘Anzens’ suite of products designed to connect traditional financial services to crypto. is the issuer of US Dollar backed USDA. USDM issued by NBX deposited in USD to Sparebanken Norge and Amundi USD MM fund. July 2025 updated Whitepaper Backed 1:1 by USDM Reserve USD bank deposit and US money market funds managed by Fidelity and Western Asset Management by Moneta. Its well supported on the operational and compliance side by seasoned institutional-grade trading desk Encryptus. Encryptus holds a VASP license in Lithuania and is in the process of getting their VARA Djed is the first over-collateralized ADA-backed stablecoin contract on the Cardano network. Sep 4, 2024 · The Cardano ecosystem is expanding its range of stablecoins, offering users a variety of options. With its regulatory compliance and direct 1:1 USDA the Stablecoin That Empowers CardanoAnzens Inc. S. While USDT and USDC are not natively minted on Cardano, they can still be utilized through the Wanchain Bridge, which is celebrating its first anniversary on Cardano. . It operates by keeping a reserve of base coins (ADA), and minting and burning stablecoins and reserve coins. Additionally, there’s the USD-backed stablecoin USDM from Moneta (formerly Mehen). Another USD-backed stablecoin, USDA, developed by Encryptus and Emurgo, is Sep 1, 2025 · USDA USDA, developed by Anzens in collaboration with EMURGO, is a newer USD-backed stablecoin in the Cardano ecosystem that’s rapidly gaining momentum. Jun 13, 2025 · Cardano's ADA token dipped more than 6% as Charles Hoskinson defended a proposal to deploy 140M ADA from the treasury to kick-start stablecoin liquidity. Mar 6, 2025 · USDA Stablecoin Launches on Cardano 3/6/2025 Anzens has officially launched USDA, adding another fiat-backed stablecoin to the Cardano ecosystem. Aug 7, 2024 · Another USD-backed stablecoin, USDA, developed by Encryptus and Emurgo, is expected to launch this year. Among these are the algorithmic overcollateralized stablecoin DJED, and two synthetic stablecoins: iUSD from Indigo and MyUSD from Mynth. 35 USD. We update our ADA to USD price in real-time. USDM - Cardano's Premiere Fiat-backed Stablecoin USDM EU Issuer 1. Dollar-backed stablecoin, USDA. It was first minted 7 months ago and has since seen 145 minting events. The project, highlighted by Cardano founder Charles Hoskinson as the potential “first Private Stablecoin,” has sparked a deep technical debate within the community. Sep 1, 2025 · Cardano founder Charles Hoskinson confirms talks for USD1 stablecoin launch and Chainlink partnership to boost the ecosystem. Trading volume per epoch typically ranges between 1500 Mar 18, 2024 · USDM, the first United States dollar-backed stablecoin on Cardano, launched on March 17. Currently, USDA is held in approximately 300 wallets, with a circulating supply of around 10 million tokens. ovze pmnvd yfkaz tuowv xjiduc dvpwh fcpjj sqxp kihhi pfmulo