The stablecoin proposal near Cardano (#鲍威尔发言 ) has caused quite a stir. As a long-term holder of ADA, I have been closely following it.

Speaking of which, this stablecoin is absolutely crucial for the Cardano ecosystem. Think about it, DeFi is so popular now, but the significant 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, such as fiat currencies and commodities. Isn’t it like opening up a channel between on-chain and off-chain? Just think about it, in the future, using ADA to conveniently purchase various real-world assets – isn’t that exciting?