Investing 100 million USD in ADA! The founder personally steps in to make big moves
The Cardano ecosystem welcomes an epic operation! Founder Charles Hoskinson personally takes charge, launching a market-shattering stablecoin liquidity plan, with core actions targeting two major initiatives:
Transferring 100 million USD 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 is equivalent to injecting strong liquidity into the stablecoin system, akin to implanting a blood production machine into the "veins" of cryptocurrency.