While chains such as Bitcoin, Ethereum, Solana, Tron, Stellar, Avalanche, Arbitrum, Polygon, and Optimism are now carrying U.S. macroeconomic data, […] The post Cardano Excluded From U.S. Blockchain Data Program: What It Signals for ADA’s Future appeared first on Coindoo.While chains such as Bitcoin, Ethereum, Solana, Tron, Stellar, Avalanche, Arbitrum, Polygon, and Optimism are now carrying U.S. macroeconomic data, […] The post Cardano Excluded From U.S. Blockchain Data Program: What It Signals for ADA’s Future appeared first on Coindoo.

Cardano Excluded From U.S. Blockchain Data Program: What It Signals for ADA’s Future

2025/09/02 18:16
2 min read

Banner magacoin finance

While chains such as Bitcoin, Ethereum, Solana, Tron, Stellar, Avalanche, Arbitrum, Polygon, and Optimism are now carrying U.S. macroeconomic data, Cardano was noticeably missing from the roster.

The Department of Commerce is relying on oracle providers Chainlink and Pyth to push data across multiple ecosystems. The goal: make economic reports more transparent, tamper-proof, and instantly accessible to developers and investors worldwide.

Charles Hoskinson, who founded Cardano, addressed the exclusion in a recent community Q&A. Rather than blaming regulators, he said the problem lay with Chainlink, the oracle company tasked with integration. According to Hoskinson, Chainlink quoted an “outrageously high” price for adding Cardano to the program, effectively shutting it out.

Although critical of the cost, Hoskinson acknowledged Chainlink co-founder Sergey Nazarov’s strategic vision, saying he “knows exactly what he’s sitting on.” Hoskinson insisted Cardano would find another path forward, describing the setback as temporary.

READ MORE:

Major Pi Network Listing News: Could This Be the Start of a Massive Comeback?

Frustration Inside the ADA Community

For many in the Cardano ecosystem, the snub was particularly disappointing given the network’s track record of five years without downtime. Supporters argue this level of reliability should make it a natural candidate for government-grade integrations. Critics, however, counter that Cardano has consistently lagged rivals in real-world adoption, leaving it vulnerable to being sidelined in high-profile projects.

Looking Ahead: Partnerships in the Works

Despite this setback, Hoskinson hinted at active talks with major players in decentralized finance. Negotiations with Aave are ongoing, and there are efforts to bring the USD1 stablecoin to Cardano. Currently active on Ethereum, BNB Chain, and Tron, USD1 has quickly grown in market share — and a Cardano deployment could provide the network with a significant boost in utility.

The U.S. government’s embrace of blockchain for distributing economic data underscores the growing legitimacy of the technology. But for Cardano, being left off the initial list highlights the network’s ongoing struggle to turn strong fundamentals into mainstream adoption.


The information provided in this article is for informational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.

The post Cardano Excluded From U.S. Blockchain Data Program: What It Signals for ADA’s Future appeared first on Coindoo.

Market Opportunity
Cardano Logo
Cardano Price(ADA)
$0.2687
$0.2687$0.2687
-6.24%
USD
Cardano (ADA) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Japan-Based Bitcoin Treasury Company Metaplanet Completes $1.4 Billion IPO! Will It Buy Bitcoin? Here Are the Details

Japan-Based Bitcoin Treasury Company Metaplanet Completes $1.4 Billion IPO! Will It Buy Bitcoin? Here Are the Details

The post Japan-Based Bitcoin Treasury Company Metaplanet Completes $1.4 Billion IPO! Will It Buy Bitcoin? Here Are the Details appeared on BitcoinEthereumNews.com. Japan-based Bitcoin treasury company Metaplanet announced today that it has successfully completed its public offering process. Metaplanet Grows Bitcoin Treasury with $1.4 Billion IPO The company’s CEO, Simon Gerovich, stated in a post on the X platform that a large number of institutional investors participated in the process. Among the investors, mutual funds, sovereign wealth funds, and hedge funds were notable. According to Gerovich, approximately 100 institutional investors participated in roadshows held prior to the IPO. Ultimately, over 70 investors participated in Metaplanet’s capital raising. Previously disclosed information indicated that the company had raised approximately $1.4 billion through the IPO. This funding will accelerate Metaplanet’s growth plans and, in particular, allow the company to increase its balance sheet Bitcoin holdings. Gerovich emphasized that this step will propel Metaplanet to its next stage of development and strengthen the company’s global Bitcoin strategy. Metaplanet has recently become one of the leading companies in Japan in promoting digital asset adoption. The company has previously stated that it views Bitcoin as a long-term store of value. This large-scale IPO is considered a significant step in not only strengthening Metaplanet’s capital but also consolidating Japan’s role in the global crypto finance market. *This is not investment advice. Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data! Source: https://en.bitcoinsistemi.com/japan-based-bitcoin-treasury-company-metaplanet-completes-1-4-billion-ipo-will-it-buy-bitcoin-here-are-the-details/
Share
BitcoinEthereumNews2025/09/18 08:42
BNB Chain Takes Lead in RWA Tokenization, Expert Sees BNB Rally to $1,300

BNB Chain Takes Lead in RWA Tokenization, Expert Sees BNB Rally to $1,300

                         Read the full article at                             coingape.com.                         
Share
Coinstats2025/09/18 14:40
‘Slam dunk’ case? The brutal killing of a female cop and her son

‘Slam dunk’ case? The brutal killing of a female cop and her son

Policewoman Diane Marie Mollenido and her eight-year-old son John Ysmael are killed over what police believe was a car scam
Share
Rappler2026/02/05 16:58