Cardano Excluded from U.S. Blockchain Data Program: Implications for ADA's Future
ByAinvest
Tuesday, Sep 2, 2025 6:24 am ET1min read
AAVE--
Hoskinson, during a YouTube AMA session, revealed that Chainlink quoted an "absurd number" for integrating Cardano, making it impractical for the U.S. government deal. Despite this setback, Cardano is actively pursuing other partnerships to bolster its ecosystem.
Cardano is in talks with Aave for a decentralized finance partnership and plans to launch the USD1 stablecoin. The USD1 stablecoin, issued by World Liberty Financial (WLFI), is the fifth-largest stablecoin with a market capitalization of $2.67 billion. If successfully integrated, USD1 could become the largest stablecoin in the Cardano ecosystem, potentially driving more user transactions and boosting Cardano's utility and adoption [2].
The exclusion from the U.S. government's blockchain initiative highlights Cardano's ongoing struggle to achieve mainstream adoption, despite its strong fundamentals and zero downtime record in five years. Hoskinson remains optimistic, stating that Cardano will find another path forward and is working towards integrating with Chainlink, Aave, and USD1.
References:
[1] https://www.ccn.com/news/crypto/cardanos-charles-hoskinson-chainlinks-absurd-fee-snubbed-ada-us-gov-data-deal/
[2] https://blockonomi.com/cardano-ada-price-technical-analysis-points-to-potential-1-20-target/
ADA--
LINK--
Cardano, founded by Charles Hoskinson, was excluded from the U.S. Department of Commerce's blockchain data program, citing a high price quote from oracle provider Chainlink. Hoskinson blamed Chainlink for the exclusion, stating that Cardano will find another path forward. Despite this setback, Cardano is in talks with Aave for a decentralized finance partnership and plans to launch the USD1 stablecoin. The exclusion highlights Cardano's ongoing struggle to achieve mainstream adoption despite strong fundamentals.
Cardano, the blockchain platform founded by Charles Hoskinson, has been excluded from the U.S. Department of Commerce's blockchain data program. The reason cited is a high price quote from oracle provider Chainlink, according to Hoskinson's recent comments [1].Hoskinson, during a YouTube AMA session, revealed that Chainlink quoted an "absurd number" for integrating Cardano, making it impractical for the U.S. government deal. Despite this setback, Cardano is actively pursuing other partnerships to bolster its ecosystem.
Cardano is in talks with Aave for a decentralized finance partnership and plans to launch the USD1 stablecoin. The USD1 stablecoin, issued by World Liberty Financial (WLFI), is the fifth-largest stablecoin with a market capitalization of $2.67 billion. If successfully integrated, USD1 could become the largest stablecoin in the Cardano ecosystem, potentially driving more user transactions and boosting Cardano's utility and adoption [2].
The exclusion from the U.S. government's blockchain initiative highlights Cardano's ongoing struggle to achieve mainstream adoption, despite its strong fundamentals and zero downtime record in five years. Hoskinson remains optimistic, stating that Cardano will find another path forward and is working towards integrating with Chainlink, Aave, and USD1.
References:
[1] https://www.ccn.com/news/crypto/cardanos-charles-hoskinson-chainlinks-absurd-fee-snubbed-ada-us-gov-data-deal/
[2] https://blockonomi.com/cardano-ada-price-technical-analysis-points-to-potential-1-20-target/
Stay ahead of the market.
Get curated U.S. market news, insights and key dates delivered to your inbox.
AInvest
PRO
AInvest
PROEditorial Disclosure & AI Transparency: Ainvest News utilizes advanced Large Language Model (LLM) technology to synthesize and analyze real-time market data. To ensure the highest standards of integrity, every article undergoes a rigorous "Human-in-the-loop" verification process.
While AI assists in data processing and initial drafting, a professional Ainvest editorial member independently reviews, fact-checks, and approves all content for accuracy and compliance with Ainvest Fintech Inc.’s editorial standards. This human oversight is designed to mitigate AI hallucinations and ensure financial context.
Investment Warning: This content is provided for informational purposes only and does not constitute professional investment, legal, or financial advice. Markets involve inherent risks. Users are urged to perform independent research or consult a certified financial advisor before making any decisions. Ainvest Fintech Inc. disclaims all liability for actions taken based on this information. Found an error?Report an Issue



Comments
No comments yet