Founder Charles Hoskinson has proposed a groundbreaking liquidity plan for stablecoins that targets two major strategies:
Allocating $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 injects significant liquidity into the stablecoin system, akin to implanting a blood-making machine into the "veins" of cryptocurrency.
Even more explosive is that Cardano will partner with Brevan Howard, a firm managing over $20 billion. This institution, renowned in the traditional finance sector, will enter the crypto space with a professional market-making team and risk control system, focusing on two battlefields:
#TVL (Total Value Locked) breakout battle: Activating the asset accumulation of DeFi protocols within the ecosystem through institutional-grade strategies.
Liquidity market-making revolution: Using algorithmic trading engines to completely resolve the slippage issues in stablecoin exchanges.
Dual-core drive: This operation is not just about burning cash; it aims to build the "central bank + investment bank" of the crypto world.
Currency side: Creating a self-circulating stable currency system within the ecosystem through a two-way exchange mechanism between ADA and USDM.
