$ADA Invests $100 Million in ADA! Founder Personally Gets Involved in Major Operations
The Cardano ecosystem welcomes an epic move! Founder Charles Hoskinson takes charge, unveiling a groundbreaking liquidity plan for stablecoins that has shaken the market. The core actions target two major strategies:
Allocate $100 million worth of ADA from the Cardano treasury (currently holding 1.7 billion #ADA) to be directly exchanged for the ecosystem's native stablecoin USDM. This operation is akin to injecting super strong liquidity into the stablecoin system, essentially implanting a blood-producing machine into the "veins" of cryptocurrency.
Even more explosive is that Cardano will partner with Brevan Howard, a firm managing over $20 billion. This institution, renowned in the traditional finance sector, will enter the crypto space with a professional market-making team and risk control system, focusing on two battlegrounds:
#TVL (Total Value Locked) Breakthrough Battle: Activate the asset accumulation of DeFi protocols within the ecosystem through institutional-level strategies.
Liquidity Market Making Revolution: Use algorithmic trading engines to completely resolve the stubborn issue of slippage in stablecoin exchanges.