The first stable-coin on Cardano
A joint partnership of Ergo Foundation, IOG, and Emurgo resulted in the creation of the first stable-coin that is called AgeUSD. It is a crypto-backed algorithmic stable-coin protocol with some significant advantages over popular stable-coin Dai.
Why do we need stable-coins?
The traditional cryptocurrencies like BTC, ETH, or ADA are volatile. It means that the price can go up or…