EPISODE · Jul 18, 2024 · 49 MIN
USDA Is Making a Come Back to Cardano and Bringing Real Use Case and Liquidity With It.
from Learn Cardano Podcast · host Pete Bui
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/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 Subscribe to the audio podcast:🔗 https://bit.ly/learncardano-spotify 🔗 https://apple.co/3jEPM8C 🔗 https://learncardano.io/ Follow on Social:🔗 https://x.com/learncardano 🔗 https://facebook.com/learncardano
What this episode covers
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/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 Subscribe to the audio podcast:🔗 https://bit.ly/learncardano-spotify 🔗 https://apple.co/3jEPM8C 🔗 https://learncardano.io/ Follow on Social:🔗 https://x.com/learncardano 🔗 https://facebook.com/learncardano
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USDA Is Making a Come Back to Cardano and Bringing Real Use Case and Liquidity With It.
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