06/09/2020
Karolina Salinger
Developersblockchain platforms Ergo and Emurgo have announced a partnership to create corporate-focused DeFi applications and stablecoin, according to a press release.
As part of the partnership, Emurgo's Yoroi wallet will integrate the native Ergo (ERG) token. It will be the second cryptocurrency added after Cardano.
Ergo was developed by former engineers from IOHK, the company behind the Cardano PoS protocol. The platform supports UTXO-based smart contracts.
Emurgo is the second key player in the Cardano ecosystem after IOHK, which is led by Ethereum co-founder Charles Hoskinson.
Recall that at the beginning of this year, Emurgo announced that it would help the Uzbek authorities develop regulation for security tokens.
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