Yesterday, when I wanted to withdraw $ADA to a cold wallet, I found that the address provided by the cold wallet was different each time, but the account balance was always correct. After asking AI, I discovered that this is a characteristic of the UTXO model; generating a new address each time can increase the privacy of transactions, while the old addresses still point to the same wallet, so transferring to an old address does not cause asset loss.
From the above information, it makes me think: could this be the reason why large centralized stablecoin projects like USDT and USDC are unwilling to enter Cardano? On Ethereum and its L2 chains, a wallet has only one address, making it easy to track cash flows and block addresses related to black market activities; however, on chains with a UTXO model, the difficulty of tracking cash flows significantly increases, which poses great challenges in terms of compliance.
Therefore, I believe that D mentioned in a previous video that the future entry of USDT and USDC into the Cardano ecosystem would be a very bullish signal is problematic. Tether and Circle should be quite wary of interacting with UTXO model chains. If any experts see any issues with the information I provided, please feel free to advise!
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