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Algorand chosen for European stablecoins and by Colombia for vaccine passports

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by COINS NEWS 251 Views

Algorand making big moves again. Besides being recently adopted by El Salvador, it seems like they are continuing to make big steps to intergovernmental legitimacy.

Algorand has been chosen for the creation of European stablecoins with E-money. Additionally, the Colombian government also announced they would be using the Algorand blockchain for their vaccine passports.

It seems when everyone has been looking at ADA and SOL, ALGO has been making real progress.

Maybe because they are scaling up to 46K TPS by the end of this year?

Open discussion on this development, feel free to provide more information if you have it.

submitted by /u/Alterationexpert
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