Charles Hoskinson, the founder of Cardano, disclosed on May 12 plans for a private stablecoin that mirrors cash privacy. He is also steering Cardano towards a more agile development model to expedite innovation and meet project deadlines.
He highlighted a growing interest from major tech companies like Amazon and Microsoft in stablecoins, hinting at a potential reach of billions of users. However, regulatory challenges remain significant as privacy in cryptocurrencies faces increasing scrutiny.
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