#卡尔达诺稳定币提案 Cardano is advancing multiple stablecoin innovation proposals, which include:

1. Algorithmic Stablecoin Djed: Adopts an over-collateralization mechanism (400-800% ADA reserve) and a dual-token model (stablecoin DJED + reserve token SHEN), automatically adjusting supply and demand through smart contracts to maintain a $1 peg, avoiding risks of collapse similar to Terra.

2. Privacy Stablecoin Initiative: Founder Hoskinson proposed the development of a stablecoin with cash-level privacy, supporting selective disclosure to meet anti-money laundering compliance, expected to be launched in 2025.

3. Fiat-Collateralized USDA: Issued by EMURGO, with a 1:1 dollar reserve, aimed at enhancing liquidity in the DeFi ecosystem.

These proposals, combined with Cardano's efficient PoS consensus and smart contract security, aim to provide diversified solutions for payments, cross-border transactions, and privacy finance.