Eternl’s Upcoming Release
Eternl, 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:
- Reduced memory usage.
- Rapid synchronization capabilities.
- A more compact database.
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.
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.
Emurgo’s Update on the USDA Stablecoin
In the previous year, Emurgo, a principal commercial division and one of the foundational entities of the Cardano 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 stablecoin.
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.
Feedback from stakeholders and various Cardano dApps 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.
