#卡尔达诺稳定币提案

This proposal has appeal in terms of **liquidity enhancement** and **treasury yield**, but must be handled with caution regarding market impact. If executed properly, it could become a key turning point in the development of the Cardano DeFi ecosystem; if mishandled, it may trigger short-term price volatility. Ultimately, community governance voting will determine its fate. Short-term market reaction **: If the proposal passes, attention should be paid to the execution of OTC trades to avoid market panic.

- **Long-term ecological development**: If successful, it may drive the growth of Cardano DeFi TVL and attract more institutional funds.

- **Governance test**: This is the first major financial decision of the Cardano **Voltaire Era**, which will test the maturity of its decentralized governance. Market depth is sufficient **: Hoskinson pointed out that ADA's **weekly trading volume reaches billions of dollars**, and a $100 million conversion scale will not significantly affect the market.

- **Long-term ecological benefits**: He believes that enhancing stablecoin liquidity will stimulate DeFi growth, ultimately increasing ADA demand.

- **Governance mechanism protection**: Cardano has implemented **CIP-1694 on-chain governance**, allowing the community to vote on whether to execute the proposal.