$ADA will be a payment option in Charles Hoskinson's restaurant, confirms the developer
On June 22, Hoskinson shared a teaser-tweet in which he announced the opening of Nessie's restaurant and a whiskey lounge in Wheatland, Wyoming, the city where Hoskinson lives. The business choice made some of his followers curious as the restaurant business and cryptocurrency development are industries that do not cross that often.However, the main reason behind opening the restaurant was the lack of good options in the town nearby Hoskinson's ranch.
Some users suggested that Hoskinson should think about alternative Cardano-based payment options like the DJED stablecoin that has been brought up in the pro-Cardano narrative. By implementing the stablecoin in the business, the Cardano co-founder would be able to create a real-world use case for the asset immediately after the full launch.Through the last year, Cardano's ecosystem saw exponential growth in the number of new solutions and use cases.
Unfortunately, the price performance of Cardano still remains problematic as the asset cannot break the local resistance level at $0.41.