Recently, Cardano's stablecoin proposal has caused quite a stir. As a long-term holder of ADA, I've been closely following it.

That said, this stablecoin is absolutely a crucial step for the Cardano ecosystem. Just think about it, DeFi is so popular now, but the price volatility has always been a headache. With a stablecoin, it’s like having an anchor in the DeFi world, which can greatly reduce trading risks and attract more participants.

Moreover, the HUMA protocol mentioned in this proposal is quite interesting. It can link stablecoins to real-world assets, like fiat currencies and commodities. Doesn’t that effectively open up a channel between on-chain and off-chain? Just imagine being able to conveniently purchase various real assets using ADA in the future; isn’t that exciting?

Of course, the issuance and regulation of stablecoins are also challenges. But as long as the Cardano community can work together, I believe these issues can be resolved. Looking forward to a more prosperous Cardano ecosystem!