$1 Billion ADA Investment by $ADA ! Founder Personally Engages in Major Initiatives
The Cardano ecosystem welcomes an epic move! Founder Charles Hoskinson takes the lead, releasing a market-shattering liquidity plan for stablecoins, with core actions targeting two major strategies:
Allocating $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 maneuver significantly injects strong liquidity into the stablecoin system, akin to implanting a blood-producing machine into the "veins" of cryptocurrency.