Kadena’s Shutdown: The Fallout for Stablecoin Integration in Crypto Startups
Kadena is done? Just like that? The sudden closure of Kadena’s operations on October 21, 2025, has sent shockwaves through the crypto landscape, leaving many of us wondering what went wrong. This shutdown comes as a huge wake-up call, especially for crypto-friendly SMEs and startups that may have looked to stablecoin integration as a lifeline. What can we learn from this?
Market Conditions and Competitive Landscape for Crypto-Friendly Business Banking
Kadena’s downfall can be traced back to its inability to adapt to tough market conditions and the fierce competition from giants like Ethereum and Solana. Despite a valuation that once soared close to $4 billion, the project couldn’t maintain profitability or user interest. It’s a…
