Cardano Eyes Growth With USDCx Launch and Key Upgrades

• Cardano lined up two upgrades in late March, setting a near-term trigger window.
• USDCx minting tops 15M as Cardano stablecoin market crosses $48M.
• Cardano’s DeFi TVL rose 23.5% in 12 days with $80M in cross-chain inflows.

Cardano enters a key upgrade cycle as the Midnight privacy sidechain mainnet is scheduled for the final week of March. At the same time, Protocol v11 (van Rossum) hard fork is close, with Node 10.7.0 as the mainnet release.

This is a stacked timeline with two core upgrades in the same window. One expands privacy and scalability. The other upgrades the base protocol. The intent is to push network capability before the next capital cycle.

Stablecoin Rail Goes Live, Liquidity Follows

USDCx is now live on Cardano, issued through Circle’s reserve system and backed 1:1 with USDC. This removes a long-standing blocker.

Since the launch, over …

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