🫡Hey Cardano DReps!
Leios is close to reach the threshold. Thank you to all of you who have voted yes. We won't let you down!
We still need the YES vote 🗳️from many more DReps to reach the 67% threshold.
This is the last epoch, voting ends on the last block before Sunday May 24 9:44 UTC.
Let's go!
Breaking News
Cardano (ADA) has now been formally detailed by the SEC as a digital commodity, not a security today.
It is written directly into the Commission’s latest interpretive release. (Released Today)
A digital commodity is an asset that derives its value from the programmatic operation of a functional crypto system, not from the expectation of profits driven by the efforts of others.
ADA is listed alongside Bitcoin and Ethereum under that classification.
JUST IN: Coinbase CEO Brian Armstrong says soon there will be "more AI agents than humans making transactions."
"They can't open a bank account, but they can own a crypto wallet."
BREAKING NEWS:
PENTAD V2 TO MODERNIZE CARDANO APPS😱😱😱
@IOHK_Charles says we're getting ready for Pentad v2, to create an index of Cardano apps that meet certain criteria, use that capital to upgrade their dApps, get Tier-1 listings, #Bitcoin DeFi, use all integrations, and modernize their apps.
Everyone laughed at @Cardano for being “slow.”
• #Leios 50x throughput upgrade
• @USDC now live
• @MidnightNtwrk Quantum-resistant privacy
• @FireblocksHQ custody
• @LayerZero_Core bridge
• Africa Update
You don’t have to like $ADA...
But you can’t ignore a Top 3 decentralized & secure network. Full breakdown 👇 Share if you agree!
https://t.co/uwBDm70qK9
Hey David, how did we arrive at a place where the Big Banks have a veto over the business practices of their more innovative new competitors?
I’m frankly not interested in whether the Big Banks like yield on stablecoins or not.
Unlike the Big Banks’ fractional reserve model, stablecoin issuers must retain 100% high-quality, liquid reserves under the GENIUS Act.
The fractional reserve banks introduce systemic risk, stablecoin issuers do not.
The Big Banks are permitted to pay interest on deposits.
Stablecoin issuers should likewise be permitted to pay yield to their customers.
There is no logical counter argument.
The idea of barring yield on stablecoins is transparently nothing more than pure protection for legacy banks from competition.
That’s unAmerican and anti-capitalism.
What am I missing?
🎉 USDCx on Cardano is now available via @Circle xReserve!
For the first 10 days, IOG will subsidize bridge fees for USDCx transfers to Cardano to help you get started with lower costs. All other network and DEX fees remain the responsibility of the user. See the FAQs for details.
USDCx is a Cardano-native asset fully backed 1:1 by USDC held in Circle’s xReserve smart contract. It’s designed to make moving and using dollar value across supported blockchains seamless, providing streamlined access to crosschain USDC liquidity.
With USDCx, users can easily engage with DeFi liquidity, lending, payments, and real-world asset settlement.
Thank you!
This integration was delivered through the Cardano ecosystem’s Critical Integrations program, funded by the community.
Your support has helped bring tier one stablecoin infrastructure to Cardano.
We would also like to thank Pentad and Midgard Labs for helping build, operate and secure the USDCx infrastructure.
Why USDCx:
✅ 1:1 backed by USDC held in xReserve
✅ Simple connectivity across supported chains
✅ No third-party bridges, keeping things straightforward and secure
Learn more:
https://t.co/SXLTblHXnE
@Gi_EVM@WatcherGuru Lets explore that thought.
@grok is any nation, industry, company or group of people in particular benefiting from this either short or long term?