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Cardano Eyes Growth With USDCx Launch and Key Upgrades


Cardano Eyes Growth With USDCx Launch and Key Upgrades

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AI Overview

Cardano schedules two core upgrades in late March: Midnight privacy sidechain mainnet in the final week of March and Protocol v11 (van Rossum) hard fork with Node 10.7.0, aimed at improving privacy, scalability and base protocol capability. USDCx stablecoin launched on Cardano via Circle, backed 1:1; minting has topped $15M and the Cardano stablecoin market exceeds $48M, removing an on‑ramp blocker and likely boosting DEX/CEX liquidity and adoption. Cardano DeFi shows traction: TVL rose 23.5% in 12 days with ~$80M in cross‑chain inflows, signaling capital rotation, stronger liquidity and positive market impact for token performance and DeFi adoption.

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  • Cardano lined up two upgrades in late March, setting a near-term trigger window.
  • USDCx minting tops 15M as Cardano stablecoin market crosses $48M.
  • Cardano’s DeFi TVL rose 23.5% in 12 days with $80M in cross-chain inflows.

Cardano enters a key upgrade cycle as the Midnight privacy sidechain mainnet is scheduled for the final week of March. At the same time, Protocol v11 (van Rossum) hard fork is close, with Node 10.7.0 as the mainnet release.

This is a stacked timeline with two core upgrades in the same window. One expands privacy and scalability. The other upgrades the base protocol. The intent is to push network capability before the next capital cycle.

Stablecoin Rail Goes Live, Liquidity Follows

USDCx is now live on Cardano, issued through Circle’s reserve system and backed 1:1 with USDC. This removes a long-standing blocker.

Since the launch, over …

Read The Full Article Cardano Eyes Growth With USDCx Launch and Key Upgrades On Coin Edition.

Read the article at CoinEdition

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