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Cardano Founder Breaks His Silence On Wyoming Stablecoin

  • Charles Hoskinson, founder of Cardano and CEO of Input Output Global (IOG), has expressed concerns over the Wyoming stablecoin project, citing procedural misconduct and unfair exclusion of Cardano blockchain.
  • Hoskinson criticized the appointment of an executive director who favored the Ethereum ecosystem, going against the intent of the bill that aimed for a multi-chain stablecoin.
  • He highlighted the opaque and exclusionary process of selecting blockchain platforms by the commission, leading to the exclusion of Cardano and numerous other platforms.
  • IOG is exploring legal action and several Wyoming lawmakers are questioning the project's future. Hoskinson reiterated his commitment to Wyoming but stressed the importance of fair treatment and adherence to the rule of law.

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