Google Cloud is set to act as a Midnight validator during Cardano’s federated mainnet launch. Midnight is a privacy-focused sidechain within the Cardano ecosystem. The validator role places Google Cloud within the network’s operational framework at launch. Google Cloud already operates a Cardano stake pool on the preview testnet, highlighting prior involvement in the ecosystem.
Hoskinson emphasized Cardano’s ongoing ambitions to launch Tier 1 projects listed on major exchanges and pointed to relationships with firms such as Google. These partnerships form part of Cardano’s broader strategy to expand ecosystem reach, including exchange listings and institutional collaborations. Cardano continues to focus on scalability and governance upgrades, with updates aimed at improving performance and decentralization, and developers working on tools to attract new decentralized applications.
USDCx has been introduced as a USDC-backed stablecoin on Cardano. It is deployed as a Cardano Native Token rather than a wrapped asset, enabling it to function directly within Cardano’s ledger model. The stablecoin connects to cross-chain USDC liquidity and aims to provide unified liquidity with a single interaction for users within the Cardano ecosystem. USDCx may support trading, lending, and payments on Cardano-based platforms.
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