#Cardano Stablecoin Proposal Potential Impact on the Cardano DeFi Ecosystem
Currently, Cardano's TVL (Total Value Locked) accounts for only 2% of the entire chain's DeFi, primarily due to the lack of stablecoin infrastructure. If the proposal is approved, it will directly benefit the following scenarios:
Lending protocols (such as Aada Finance) could reduce interest rate volatility risks;
DEXs (such as Minswap) would reduce trading slippage;
Cross-chain bridges would facilitate the inflow of USDC/USDT. It is expected that within 6 months, TVL may grow by 300%, but the on-chain throughput bottleneck needs to be addressed.
