Why Cardano (ADA) Wasn't Included in the US Data Schedule! Charles Hoskinson Explains, Points to This Altcoin as the Reason!

The US government took significant steps last week to distribute macroeconomic data via ￰0￱ this point, the US Department of Commerce announced that macroeconomic data will be transferred to several blockchain networks via oracle providers Chainlink and ￰1￱ Department stated that the data will be distributed via Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Tron (TRX), Stellar (XLM), Avalanche (AVAX), Arbitrum (ARB), Polygon (POL), and Optimism (OP). Related News: The US Department of Commerce Announces: Bitcoin (BTC), Ethereum (ETH), and 7 Altcoin Networks Selected for Economic Data While the US government's move to share official economic data on public blockchains has been making waves, the absence of Cardano (ADA), one of the leading altcoins, from this program has drawn ￰2￱ founder Charles Hoskinson addressed this issue at the last AMA session and explained ￰3￱ this point, referring to the program's oracle provider, Chainlink (LINK), Hoskinson claimed that ADA was not included in the program because of ￰4￱ stated that the problem occurred with Chainlink, the oracle provider that handled the integration process, and that Chainlink submitted an “absurdly high” offer for Cardano’s participation in the ￰5￱ this reason, the Cardano network was excluded from the program, Hoskinson ￰6￱ to Chainlink co-founder Sergey Nazarov, Hoskinson said: “They gave us a ridiculous price for ￰7￱ we'll get through this, we'll find a way…” Sergey is an extremely intelligent man, he sees the future and knows that he is sitting on a golden egg, he knows its value.” This situation has also caught the attention of the community, with some community members saying that despite Cardano maintaining a zero-downtime record for five years, the network still lags behind its competitors in terms of utility and ￰8￱ also recently outlined Cardano's potential partnership ￰9￱ also pointed to partnerships with Aave and the USD1 stablecoin, as well as ￰10￱ that USD1, a dollar-indexed stablecoin, is already working on Ethereum, BNB and Tron, Hoskinson said that negotiations are ongoing to bring USD1 to Cardano soon.

“I want USD1, I want Aave, I want Chainlink. We're trying to figure out how to do those partnerships.” *This is not investment ￰11￱ Reading: Why Cardano (ADA) Wasn't Included in the US Data Schedule! Charles Hoskinson Explains, Points to This Altcoin as the Reason!