Cardano Omitted from US Economic Data Program: Implications for ADA’s Future

The US Department of Commerce’s initiative to integrate macroeconomic data into blockchain networks has left Cardano excluded, raising questions about the future of ADA adoption. While chains like Bitcoin, Ethereum, and Solana have secured inclusion in this program, Cardano was notably absent. 8 This move aims to enhance economic reports transparency, tamper-proof nature, and immediate accessibility for global developers and investors. However, Cardano’s exclusion has sparked controversy, with its founder Charles Hoskinson pointing the finger at oracle provider Chainlink for pricing concerns related to integration. Despite this setback, Hoskinson expressed confidence in Cardano’s future, highlighting ongoing negotiations with major DeFi players like Aave, aiming to bring USD1 stablecoin to the platform.