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Cardano (ADA) Price: Hits $0.96 as Cardano Foundation’s Past USDC Deal Comes to Light

  • Charles Hoskinson defended IOG’s ADA holdings, stating they were earned through building Cardano rather than received as a gift, with an initial value of $8M in 2015
  • A dispute emerged over a missed USDC integration opportunity in 2021, when the Cardano Foundation allegedly declined a $3M deal
  • Major stablecoin issuers remain hesitant to support Cardano, citing concerns about DApp adoption and transaction volume
  • Cardano is preparing for BitcoinOS integration, potentially accessing $1.4T in liquidity, while also developing the Midnight scaling project

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