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Charles Hoskinson says a Circle-issued stablecoin product is headed to Cardano after what he described as “deep negotiations” between Circle and a Cardano-aligned negotiating group referred to as the Pentad (Enter Output (IOHK), EMURGO, Cardano Basis, Midnight Basis, and Intersect). Talking from Fukuoka on his Japan tour livestream titled “Circle and Pentad,” Hoskinson framed the deal as a long-awaited step towards bringing “tier one” stablecoin liquidity into Cardano’s DeFi stack.
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