Rumors are circulating that there may be a conversation between Elon Musk and Charles Hoskinson, the founder of Cardano, and that the US Treasury could adopt the Cardano blockchain. While no confirmation has been made by either Musk or Hoskinson, the speculation is fueled by Hoskinson's upcoming meeting with a "very special person" and his advocacy for Cardano's blockchain for government use. If the US Treasury were to adopt Cardano, it could be a landmark move in modernizing governmental financial systems and could lead to other governments exploring blockchain solutions. The rumor has sparked increased interest in Cardano's cryptocurrency, ADA, with analysts suggesting that a partnership could boost its value. Cardano's scalability, energy efficiency, security, decentralization, and smart contract capabilities make it a realistic option for government adoption. It's important to note that this is currently just a rumor and no major price spikes have occurred.
Content Editor ( coinedition.com )
- 2025-02-13
Rumors Swirl: Musk, Hoskinson, and a Cardano-Backed Treasury?
