#卡尔达诺稳定币提案
Why is this proposal important?
* **Addressing liquidity pain points:** Stablecoins play a crucial role in DeFi by providing a stable medium of exchange, reducing volatility risk, and enhancing liquidity. The growth of Cardano DeFi has been limited by the lack of stablecoins. This proposal aims to directly address this core issue.
* **Enhancing competitiveness:** Compared to other L1 blockchains like Solana and Ethereum, Cardano has been at a disadvantage in terms of stablecoin adoption and DeFi activity. This proposal aims to enhance its competitiveness and attract more developers and users.
* **Strategic shift:** This proposal also marks an important shift in Cardano's development strategy from purely infrastructure building to more active capital operations to accelerate ecosystem development.
* **Exploration of privacy stablecoins:** It is worth mentioning that Cardano founder Charles Hoskinson also stated in May of this year that Cardano aims to be the first blockchain with **privacy stablecoins**, intended to provide cash-like privacy protection while complying with regulatory requirements.
### Current Status of Cardano Stablecoins
Despite a low proportion of stablecoins, there are already some native stablecoin projects running on the Cardano chain:
* **USDM (Mehen Finance):** A decentralized stablecoin, pegged 1:1 to the US dollar and backed by US money market funds. Launched in early 2025.
* **USDA (Anzen Finance):** Another native dollar stablecoin whose launch in the first quarter of 2025 boosted the market capitalization of Cardano stablecoins.
### Summary
The proposal by Cardano co-founder Charles Hoskinson to convert $100 million ADA into stablecoins and Bitcoin is a key milestone in the development of the Cardano DeFi ecosystem. This proposal aims to address long-standing pain points by enhancing stablecoin liquidity, thereby strengthening Cardano's position in the competitive DeFi landscape. Although there is controversy within the community regarding the potential short-term impact of the proposal on ADA prices, it undoubtedly demonstrates the Cardano team's commitment to accelerating ecosystem development. Investors and blockchain enthusiasts in Xinfeng Township should closely monitor the subsequent developments of this proposal and its long-term effects on the Cardano ecosystem.
