Stablecoin News – On July 8, 2025, Cardano founder Charles Hoskinson confirmed ongoing discussions with Circle and Tether to integrate USDC and USDT into the Cardano blockchain. The potential partnership, discussed since 2021, could boost Cardano’s DeFi ecosystem by adding the top two stablecoins, with market caps of $61.75 billion and $156 billion, respectively. Hoskinson’s announcement, shared in a video linked on X (Twitter), aims to enhance liquidity and attract institutional investors.
Cardano’s DeFi ambitions are gaining traction, with Hoskinson proposing to convert $100 million in ADA into the USDM stablecoin to spur ecosystem growth. The integration of USDC and USDT could mirror Ripple’s RLUSD listing on Cardano, which could be noted as a liquidity driver. However, Hoskinson expressed frustration at Circle and Tether’s past reluctance, citing Cardano’s lower transaction fees compared to Ethereum. A successful integration could push ADA’s price toward $1, though it trades below key EMAs ($0.5892-$0.6920).
The Atlantic Council’s July 8 report cautioned that stablecoin complexity, like network fees, could deter users, a challenge for Cardano’s scaling efforts. Regulatory risks also loom, as MiCA and the GENIUS Act impose strict compliance standards. If successful, the partnership could position Cardano as a DeFi powerhouse, but technical and regulatory hurdles remain critical.
