Hey Cardanians! Welcome aboard the Weekly Cardano Digest #114!

We've filtered through all the noise to distill crucial updates into a breezy, 5-minute read. No need for you to sift through endless info — we've got you covered. Ready to delve into this week's top Cardano news? Let’s dive in.

Here are the topics of the week:

• 📊 Messari Releases State of Cardano Q4 2025 Report

• 🪙 FluidTokens to Enable ADA Borrowing with Gold Collateral

• 💵 USDCx Is Now Live on Cardano

• Weekly Development Report

• & More!

📊 Messari Releases State of Cardano Q4 2025 Report

Messari has published its State of Cardano Q4 2025 report, highlighting a quarter defined by institutional coordination, governance resilience, and expanding on-chain activity.

A major development was the formation of the Pentad alliance, uniting five core ecosystem entities and establishing a ₳70 million Critical Integrations fund to secure tier-one stablecoins, oracles, and custodians. This formal coordination strengthens Cardano’s institutional infrastructure and long-term market positioning.

The quarter also saw strong ecosystem signals: the Cardano Card launched via Wirex, enabling ADA payments at over 100 million merchants in 190 countries; average daily NFT volume surged 133.4% QoQ; and DEX volume rose 17.3% to $4.4M, with Minswap capturing 72.4% of activity. Governance proved resilient as well, with a snap election restoring the Constitutional Committee after the Atlantic Council’s resignation, maintaining on-chain ratification thresholds and demonstrating operational continuity under pressure.

👉 Learn more

🪙 FluidTokens to Enable ADA Borrowing with Gold Collateral

FluidTokens is preparing to implement $ADA borrowing using tokenized gold ($fGLD) as collateral, connecting Cardano DeFi with real-world assets.

This integration expands lending options beyond crypto-native assets, allowing users to access ADA liquidity while holding exposure to gold-backed tokens. It represents a meaningful step toward blending traditional store-of-value assets with decentralized finance functionality.

By integrating RWAs directly into lending markets, Cardano DeFi continues to evolve beyond simple token swaps and staking, moving toward more diversified collateral models and broader capital utility.

👉 Follow updates

💵 USDCx Is Now Live on Cardano

USDCx, a non-EVM, privacy-compatible version of USDC issued by Circle, is officially live on the network. Fully backed 1:1 by USDC, it creates a direct bridge between Cardano and one of the largest stablecoin ecosystems in crypto.

This is less about adding “another token” and more about eliminating friction. ADA holders can now move value seamlessly between Cardano and the broader USDC world, including exchanges and other supported networks, without complex workarounds.

Stablecoin liquidity underpins modern crypto markets. With USDCx live, Cardano gains direct integration into a $70B+ digital dollar infrastructure, strengthening interoperability, expanding liquidity options, and positioning the ecosystem for more advanced financial use cases.

👉 Learn More

Interesting Stories

Essential Cardano’s weekly development report