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The founder of Cardano (ADA), Charles Hoskinson, reaffirmed that the project Foundation was involved in interviews with the founding entities behind the circle and Tether – issuers of the best USDC and USDT Stablecoins.
To the Cardano community, bringing these two stable assets to the Blockchain ecosystem would prefer and Prediction of the Bull Cardano Price.
In a long discussion about the matter about X, Hoskinson stressed: “We are talking to a circle probably every month or two months. We dealt with Tether many times.”
Hoskinson, however Defined application to Cardano.
“It seems that people think that the inclusion of a circle and harness somehow magically overcrowded cardano ecosystem. This is simply not true. It’s the opposite,” Hoskinson said.
Conversation with Circle and Tether dates back to 2021. The founder Cardano was impressed that they refused to bring their flagship Stablecoins to this blockchain then.
Bringing USDC and USDT to Cardano could help increase its credibility, but they do not necessarily increase the more attractive network for developers than it is now.
Looking at the daily chart, Cardano (ADA) found temporary support at $ 0.51 and has stood above this area for several days as it seems that negative momentum slows down.
This supports the Cardano bull prediction, as the market could now try to push the price to higher levels to push short sellers.
The nine -day exponential gliding average (EMA) seems to be ready to move above the 21 -day EMA in the next few days. If there is a bull escape of the descending price channel ADA along with movement above $ 0.61, it could ignite a stronger assembly towards $ 0.86 – the nearest swing of the token.
The relative force index (RSI) has recently moved to higher ground, but has not yet exceeded over 51 levels.
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Contribution Cardano prize prediction: Hoskinson confirms interviews with Circle and Tether – Massive Partnership Stablecoin is coming? He appeared for the first time Cryptonews.