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…

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