$ADA Competitive Product Comparison: The Differentiated Advantages of Cardano Stablecoin
Compared to Ethereum's DAI or Solana's UXD, the core competitive advantage of Cardano stablecoin lies in:
Low transaction fees: Approximately 0.1 ADA ($0.03) per transaction;
Formal security: Reducing the risk of smart contract vulnerabilities;
African market strategy: Promoting stablecoins as fiat currency alternatives through partnerships with African countries. However, initial liquidity may rely on bridging with USDT, weakening native value.
