The stablecoin is expected to bring more users and developers, while also providing support for on-chain lending, payments, and cross-chain bridges. This marks a gradual transition of Cardano from an academically oriented network to a stronger phase of financial application implementation. If this proposal is passed smoothly, recently, the Cardano (ADA) community has been actively promoting a proposal regarding native stablecoins, aimed at enhancing the financial infrastructure of the ecosystem. The proposal suggests launching a stablecoin pegged to fiat currency to enhance Cardano's utility and liquidity in DeFi. The stablecoin is expected to bring more users and developers, while also providing support for on-chain lending, payments, and cross-chain bridges.