Learn Cardano Podcast18 Jul 2024

USDA Is Making a Come Back to Cardano and Bringing Real Use Case and Liquidity With It.

This interview unveils the latest developments in the USDA stablecoin project on Cardano. Hear directly from Vineeth Bhuvanagiri, Managing Director at Emurgo and Shantnoo Saxsena, founder of Encryptus, about the challenges, regulatory hurdles, and the revolutionary partnership aiming to transform the crypto landscape.

USDA will help boost liquidity in Cardano by bringing a billion-dollar remittance industry to Cardano.

Timestamps
00:00 Intro
01:55 About Vineeth, Managing Director at Emurgo
03:02 About Shantnuu, Founder of Encryptus
06:02 Why did USDA Roll out pause?
09:27 Remittance Use Case
13:57 Full KYC?
16:13 Custody & Control of the USD/USDA
18:17 What Countries can Mint USDA?
20:16 Custodian for the USD Assets
20:54 Assurances that Funds Are SAFU
23:29 Transparency: Proof of Reserves
26:22 Interest & Returns on Held USD in the Trust
28:04 Will USDA Bear Yield for Minters?
29:13 Future Currencies
34:07 Liquidity through Use Case
41:33 Exchange Liquidity & Listings
43:41 When Launch?

Follow socials to be kept up to date:
https://x.com/AnzensOfficial/status/1810322695621394714
https://www.anzens.com/

Learn more about Encryptus
https://encryptus.io/
https://x.com/EncryptusGlobal

Learn more about Emurgo
https://x.com/emurgo_io
https://www.emurgo.io/

Follow Shantnoo Saxsena
https://x.com/Shantnoo6
https://www.linkedin.com/in/shantnu-saxena/

Follow Vineeth Bhuvanagiri
https://x.com/VBhuvanagiri
https://www.linkedin.com/in/vineeth-bhuvanagiri-59b35679/

DISCLAIMER: This content is for informational and educational purposes only and is not financial, investment, or legal advice. I am not affiliated with, nor compensated by, the project discussed—no tokens, payments, or incentives received. I do not hold a stake in the project, including private or future allocations. All views are my own, based on public information. Always do your own research and consult a licensed advisor before investing. Crypto investments carry high risk, and past performance is no guarantee of future results. I am not responsible for any decisions you make based on this content.

🔗 https://www.youtube.com/watch?v=Fq8FhvxET2k

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