The stablecoin proposal #卡尔达诺稳定币提案 refers to Cardano founder Charles Hoskinson's suggestion to convert $100 million worth of ADA in the treasury into USDM, a stablecoin supported by Cardano's native assets. This proposal has multiple significances:

Enhancing ecosystem liquidity: Stablecoins are an important foundation for the development of DeFi. The proposal aims to increase the liquidity of stablecoins within the Cardano network, which will help facilitate trading, market-making, and other activities within the ecosystem, increase the total value locked (TVL) in the network, and promote the development of decentralized financial services.

Creating economic returns and capital circulation: The proposal includes a self-sustaining economic model, expected to achieve an annual return of 5%-10%. The returns will be used to purchase ADA from the open market and return it to the treasury, helping to reduce the circulating supply of ADA, expand the treasury scale, provide ongoing support for the ecosystem, and create a positive cycle of capital.