The recent stablecoin proposal for Cardano (#卡尔达诺稳定币提案 ) has caused quite a stir. As a long-term holder of ADA, I am closely watching.

This stablecoin is absolutely a crucial step for the Cardano ecosystem. Think about it, DeFi is so popular now, but the large price fluctuations have 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 this equivalent to opening a channel between on-chain and off-chain? Just imagine being able to conveniently purchase various real assets with ADA in the future, isn’t that exciting?

Of course, the issuance and regulation of stablecoins is also a challenge. But as long as the Cardano community can work together, I believe these problems can be easily solved. Looking forward to the Cardano ecosystem becoming more prosperous!