The founder of Cardano Charles Hoskinson in the Podcast of Conversations with Leaders stated that a stablecoin can be created on the base of the blockchain, with a level of privacy comparable to cash.

Charles Hoskinson believes that cryptocurrency users do not want that each of their transaction and purchase on the network was monitored by state structures at any time.

“Cardano wants to become the first blockchain platform with private stabelcoin. This can be done if you combine technologies and regulatory requirements. In this case, the crypto council will completely change, and will be able to attract even more people. ”

He emphasized that the problem of security and purity of translations can be solved using selectively disclosed data. The regulators are enough to check transactions only for anti -wasching control without their total and complete deanonymization.

Earlier, Charles Hoskinson invited the American authorities to use the Cardano blockchain for an audit of the federal budget, the size of which exceeds $ 7 trillion.