Search results for sUSDr
Crypto
Hoskinson says RealFi testnet is key pillar to grow Cardano DeFi
Charles Hoskinson (찰스 호스킨슨) has described Cardano\'s RealFi as a core service that can raise total value locked and on-chain transactions. He said the protocol structure locks deposited assets to generate returns that are redistributed, creating on-chain activity through deposits, withdrawals and yield distribution. His comments followed early traction for the phase-one testnet, with more than 1,000 participants and nearly 500 verified wallets. RealFi aims to link DeFi with real-world finance services.
Crypto
Charles Hoskinson stays confident in Cardano long-term outlook despite ADA slump; \"It goes to $3.10\"
Charles Hoskinson reaffirmed confidence in Cardano\'s long-term outlook despite ADA\'s recent weakness. He said short-term price moves do not determine a project\'s technology and noted ADA has previously surged and plunged, rising from $0.025 to $3.10 in 2021 before a sharp correction. He said Cardano\'s strength lies in its development philosophy. Hoskinson also pointed to Midnight and Cardano\'s RealFi testnet phase 1 as key steps.
Crypto
Cardano RealFi puts Phase 1 testnet into operation
RealFi has launched its Phase 1 testnet and begun its first public test ahead of a mainnet release. According to blockchain outlet The Crypto Basic, Cardano founder Charles Hoskinson called it one of the most important deployments in Cardano’s history. Users can swap supported test digital assets into test USDr, stake USDr to receive test sUSDr and unstake back to USDr. The project aims to link blockchain liquidity to real-world credit markets.