Cardano

<h2 id="header-0">Eternl’s Upcoming Release</h2><p><a href="https://eternl.io/" rel="noopener noreferrer nofollow">Eternl</a>, a versatile Cardano light wallet accessible both as a browser extension and on mobile platforms, is preparing for an influential update. Through a recent tweet, the development team behind Eternl indicated their proximity to launching Eternl v1.11.0. This update signifies a thorough revamp of the core mechanisms of Eternl, encompassing various new features and enhancements:</p><ul><li>Reduced memory usage.</li><li>Rapid synchronization capabilities.</li><li>A more compact database.</li></ul><p>The update serves as a foundation for the impending Eternl v2. It ingeniously merges the innovative v2 core with the existing user interface. This provides users a sneak peek into the novel data handling structures.</p><p>Following this release, Eternl plans to fully transition towards the launch of Eternl v2. For reference, December 2022 witnessed the rollout of v1.10.0. This edition introduced the feature of in-wallet token swapping, enabling users to trade Cardano’s native tokens directly through Eternl. Furthermore, a local storage solution for miniature token icons was integrated into this iteration.</p><h2 id="header-1">Emurgo’s Update on the USDA Stablecoin</h2><p>In the previous year, Emurgo, a principal commercial division and one of the foundational entities of the <a href="https://cardano.org/" rel="noopener noreferrer nofollow">Cardano</a> blockchain, announced its intentions to initiate the USDA, a stablecoin tied to the value of the US dollar. This venture was to be carried out in collaboration with a licensed financial institution located in the United States. The initial phases of 2023 had been hinted as the tentative launch period for this <a href="https://blockchainreporter.net/glossary/stablecoin/" rel="noopener noreferrer nofollow">stablecoin</a>.</p><p>However, as per a recent disclosure, Emurgo has acknowledged the presence of regulatory hurdles compelling them to defer the launch of the USDA, despite its technical readiness.</p><p>Feedback from stakeholders and various Cardano <a href="https://blockchainreporter.net/glossary/decentralized-applications-dapps/" rel="noopener noreferrer nofollow">dApps</a> played a significant role in this decision. The introduction of both Anzens and the USDA stablecoin has been put on hold due to persisting regulatory ambiguities.</p>

Cardano's Eternl Light Wallet Prepares for a Significant Update

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