The Cardano stablecoin proposal, valued at 33,665,745,544,336,657,455,44, was presented by Cardano founder Charles Hoskinson. The main points are as follows:

- Fund Conversion: Convert $100 million worth of native token ADA from the Cardano treasury into the ecosystem's fiat stablecoin USDM to enhance the stablecoin liquidity of the network.

- Collaboration Program: Partner with major hedge fund Brevan Howard to enhance key activities within the ecosystem, including Total Value Locked (TVL) and market making.

- Earnings and Reinvestment: The program is expected to achieve an annualized return of 5%-10%, and the generated revenue will be used to purchase ADA from the open market and return it to the treasury to expand the treasury size and provide ongoing support for the ecosystem.

- Attracting Investment: The stablecoin liquidity strategy can also attract top venture capitalists such as a16z and Pantera Capital.