The Cardano Foundation has signaled a deeper role in the Open USD ecosystem, responding to community questions after the stablecoin consortium named major launch partners such as Visa, Ripple, MoonPay, and Mastercard — but did not list Cardano. The Foundation pointed to its existing partner Brale, a launch participant in Open USD, as a possible bridge for Cardano’s integration. Brale also collaborates with Cardano on compliant native stablecoin issuance for regulated digital dollar products.
“We are exploring other integration options also and will share more in due course,” the Foundation stated on social media, confirming that talks may extend beyond Brale. This comes as the network ramped up stablecoin efforts, with the earlier addition of USDCx pushing the total stablecoin market value above $60 billion, though it later dipped to $59.1 billion.
Cardano founder Charles Hoskinson linked the network’s initial absence from the partner list to earlier governance decisions, noting that Delegated Representatives (DReps) rejected proposals for accelerating commercialization. DRep Dori, responding to the debate, urged participants to support treasury-funded commercialization initiatives, stressing that Cardano cannot rely solely on the Foundation and EMURGO for enterprise adoption.
Parallel to the Open USD developments, the Cardano Foundation’s June update detailed a multi‑year partnership with SENAI São Paulo for blockchain training, recognition by Fortune’s 2026 Crypto Innovators list, and the registration of 15,000 farms on‑chain via a Syngenta Foundation project. Governance transparency also advanced, with the Foundation publishing voting rationales for 69 budget proposals and hosting Governance Hours to allow direct questioning of proposal teams.
