USDA Is Making a Come Back to Cardano and Bringing Real Use Case and Liquidity With It.
Jul 18, 2024 ·
49m 38s
![USDA Is Making a Come Back to Cardano and Bringing Real Use Case and Liquidity With It.](https://d3wo5wojvuv7l.cloudfront.net/t_square_limited_480/images.spreaker.com/original/b91830d8318555362d13d7beae38ff7f.jpg)
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Description
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...
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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.
Timestamps
00:00 Intro
01:55 About Vineeth, Managing Director at Emurgo
03:02 About Shantnuu, Founder of Encryptus
06:02 Why did USDA Roll out pause?
09:27 Remittance Use Case
13:57 Full KYC?
16:13 Custody & Control of the USD/USDA
18:17 What Countries can Mint USDA?
20:16 Custodian for the USD Assets
20:54 Assurances that Funds Are SAFU
23:29 Transparency: Proof of Reserves
26:22 Interest & Returns on Held USD in the Trust
28:04 Will USDA Bear Yield for Minters?
29:13 Future Currencies
34:07 Liquidity through Use Case
41:33 Exchange Liquidity & Listings
43:41 When Launch?
Follow socials to be kept up to date:
https://x.com/AnzensOfficial/status/1810322695621394714
https://www.anzens.com/
Learn more about Encryptus
https://encryptus.io/
https://x.com/EncryptusGlobal
Learn more about Emurgo
https://x.com/emurgo_io
https://www.emurgo.io/
Follow Shantnoo Saxsena
https://x.com/Shantnoo6
https://www.linkedin.com/in/shantnu-saxena/
Follow Vineeth Bhuvanagiri
https://x.com/VBhuvanagiri
https://www.linkedin.com/in/vineeth-bhuvanagiri-59b35679/
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USDA will help boost liquidity in Cardano by bringing a billion-dollar remittance industry to Cardano.
Timestamps
00:00 Intro
01:55 About Vineeth, Managing Director at Emurgo
03:02 About Shantnuu, Founder of Encryptus
06:02 Why did USDA Roll out pause?
09:27 Remittance Use Case
13:57 Full KYC?
16:13 Custody & Control of the USD/USDA
18:17 What Countries can Mint USDA?
20:16 Custodian for the USD Assets
20:54 Assurances that Funds Are SAFU
23:29 Transparency: Proof of Reserves
26:22 Interest & Returns on Held USD in the Trust
28:04 Will USDA Bear Yield for Minters?
29:13 Future Currencies
34:07 Liquidity through Use Case
41:33 Exchange Liquidity & Listings
43:41 When Launch?
Follow socials to be kept up to date:
https://x.com/AnzensOfficial/status/1810322695621394714
https://www.anzens.com/
Learn more about Encryptus
https://encryptus.io/
https://x.com/EncryptusGlobal
Learn more about Emurgo
https://x.com/emurgo_io
https://www.emurgo.io/
Follow Shantnoo Saxsena
https://x.com/Shantnoo6
https://www.linkedin.com/in/shantnu-saxena/
Follow Vineeth Bhuvanagiri
https://x.com/VBhuvanagiri
https://www.linkedin.com/in/vineeth-bhuvanagiri-59b35679/
Information
Author | Pete Bui |
Organization | Pete Bui |
Website | - |
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