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.Timestamps00:00 Intro01:55 About Vineeth, Managing Director at Emurgo03:02 About Shantnuu, Founder of Encryptus06:02 Why did USDA Roll out pause?09:27 Remittance Use Case13:57 Full KYC?16:13 Custody & Control of the USD/USDA18:17 What Countries can Mint USDA?20:16 Custodian for the USD Assets20:54 Assurances that Funds Are SAFU23:29 Transparency: Proof of Reserves26:22 Interest & Returns on Held USD in the Trust28:04 Will USDA Bear Yield for Minters?29:13 Future Currencies34:07 Liquidity through Use Case41:33 Exchange Liquidity & Listings43:41 When Launch?Follow socials to be kept up to date:https://x.com/AnzensOfficial/status/1810322695621394714https://www.anzens.com/Learn more about Encryptushttps://encryptus.io/https://x.com/EncryptusGlobalLearn more about Emurgohttps://x.com/emurgo_iohttps://www.emurgo.io/Follow Shantnoo Saxsenahttps://x.com/Shantnoo6https://www.linkedin.com/in/shantnu-saxena/Follow Vineeth Bhuvanagirihttps://x.com/VBhuvanagirihttps://www.linkedin.com/in/vineeth-bhuvanagiri-59b35679/