Cardano Stablecoin USDA Now Available on Minswap

Anzens Inc.
2 min read1 hour ago

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The USDA stablecoin is now accessible for trading on Minswap, a multi-pool decentralized exchange on Cardano, with a smoother user experience including enhanced swapping mechanisms.

Featuring two key liquidity pools:

  • USDA/ADA — Enables users to swap between USDA and ADA seamlessly.
  • USDM/USDA — This pool has been relaunched as a stable pool for lower slippage and better efficiency in stablecoin swaps.

Early numbers are strong. Upon USDA’s recent launch, traders have already exchanged more than 300,000₳ using the stablecoin, thereby demonstrating its utility and role in helping to expand Cardano’s DeFi ecosystem.

What is USDA?

USDA is a secure, Cardano-native, and fully reserved stablecoin. It is a joint technical effort between Anzens Inc., the issuer of USDA, EMURGO, the technology provider behind the Anzens platform, and BitGo Trust, an industry-leading Qualified Custodian catering to institutional clients.

How to Access the USDA Stablecoin on Minswap

  1. Users must install and set up a Cardano-compatible wallet such as Yoroi. Users must first have a small amount of ADA for transaction fees when trading USDA.
  2. Access Minswap, connect your wallet, and choose your preferred pool using the links below.
  3. Confirm the desired swap and start trading.
  • USDA/ADA for trading between ADA and USDA
  • USDA/USDM (Stable Pool) for efficient stablecoin swap

Upon swapping for USDA, users may use the stablecoin for a variety of purposes including trading, DeFi, cross-border payments, remittances, and more use cases to be unveiled soon.

Follow Anzens on X for the Latest USDA Updates and Download Yoroi Wallet

Download Yoroi Wallet for your desktop browser to start trading USDA.

For more information and to receive the latest updates on the USDA stablecoin, follow Anzens on X.

For further questions about trading or liquidity, contact Minswap.

About Yoroi Wallet

Disclaimer

You should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained herein shall constitute a solicitation, recommendation, endorsement, or offer by Anzens and/or EMURGO to invest.

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Anzens Inc.
Anzens Inc.

Written by Anzens Inc.

Anzens Inc. is a financial services company and the issuer of USDA, a Cardano native fully-backed stablecoin. Learn more at https://anzens.com/

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