Report: Trump’s cryptocurrency initiative set to introduce a new stablecoin backed by the U.S. dollar
The digital currency market has seen fluctuations in the prices of various cryptocurrencies recently. Cardano, often referred to as ADA in the market, is currently valued at $0.33 against the US dollar, showing a decrease of 1.56%. This downward trend is also reflected in the price graph of Cardano. On the other hand, the stablecoin USDC is maintaining its value at $1.00 against the US dollar with a slight decrease of 0.05%. The price graph of USDC illustrates this stable trend. Another cryptocurrency that has been in the spotlight is Solana, as its price movements have garnered attention from investors and traders.