Cardano Powered DeFi Platform, MELD in Partnership To Launch Gold-Backed Stablecoin

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During City A.M.’s crypto summit, chairman Ken Olling announces a partnership between decentralized finance (DeFi) platform MELD and Tingo Network, Nigeria’s largest mobile network and also Ubuntu Tribe, an ethical crypto company that tokenizes natural resources, to launch of a new gold-backed stablecoin on the Cardano network. The partnership will give Tingo’s nine million users access to MELD’s crypto services through their phones.

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