Epic operations are coming to the Cardano ecosystem! Founder Charles Hoskinson personally takes charge, launching a market-shaking stablecoin liquidity plan, with core actions targeting two major moves:
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 equivalent to injecting super strong liquidity into the stablecoin system, akin to implanting a blood-producing machine into the "veins" of cryptocurrency.
Even more explosive is that Cardano will partner with Brevan Howard, which manages over $20 billion.