#卡尔达诺稳定币提案 Charles Hoskinson proposed using 140 million ADA from the foundation's treasury to promote the development of the DeFi ecosystem for the following main reasons:

- Enhance stablecoin liquidity: In Cardano's DeFi development, there is insufficient stablecoin liquidity, with only about $33 million in stablecoins supporting over $330 million in total locked value, which is significantly less compared to Ethereum and Solana. This initiative could increase the proportion of stablecoins in the ecosystem, making it more aligned with the expectations of the DeFi ecosystem, thereby promoting related transactions and activities.

- Create a self-sustaining economic model: By converting ADA into stablecoins and other assets for related operations, it is expected to achieve an annualized return of 5%-10%. The profits can then be used to repurchase ADA and return it to the treasury, which could expand the treasury's size and provide sustained support for the ecosystem, creating a virtuous cycle.

- Attract investment and collaboration: This liquidity strategy may attract large venture capital firms like a16z or Pantera Capital, as well as collaborations with major hedge funds like Brevan Howard, bringing more funds, technology, and resources to Cardano's DeFi ecosystem, thereby promoting project development and business expansion.

- Enhance ecosystem competitiveness: Promoting the development of the DeFi ecosystem can make Cardano more competitive in the cryptocurrency space, helping to attract more users, developers, and projects, improving its position in the global DeFi market, and promoting the healthy development of the ecosystem.

- Make efficient use of funds and seize opportunities: The Cardano community has been hesitant about utilizing the ecosystem's infrastructure, and Hoskinson believes that treasury funds should be actively utilized to seize opportunities and avoid missing important chances, such as collaborating with Circle, to promote ecosystem development.