Charles Hoskinson expresses disappointment over Cardano’s Wyoming stablecoin exclusion.
Hoskinson accused the Commission of being biased.
The Cardano founder believes the Commission made sentimental decisions.
Cardano founder Charles Hoskinson voiced disappointment over Wyoming’s recent decision to exclude Cardano and many other blockchain solutions from its planned stablecoin project. In a recent podcast, Hoskinson faulted the government’s screening exercise, alleging those in charge did not follow the due process, but decided arbitrarily based on sentimental preferences.
Wyoming Stablecoin https://t.co/WRLfLaVCCa
— Charles Hoskinson (@IOHK_Charles) November 24, 2024
The Wyoming Stable Token Commission had published a list of candidate blockchains for its procurement process, including Solana, Sui, Ethereum (and its layer-2 networks like Polygon, Arbitrum, Base, and Optimism), Avalanche, and Stellar. Cardano’s absence raised eyebrows, given Hoskinson’s close ties to the state and Cardano’s proven capacity for such projects.
Allegations of Bias and Lack of Transparency
Cardano’s absence from the list was conspicuous, considering Hoskinso…
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