The stablecoin proposal near Cardano (#卡尔达诺稳定币提案 ) has caused quite a stir. As a long-term holder of ADA, I am paying close attention to it.
That being said, this stablecoin is definitely a crucial step for the Cardano ecosystem. Just think about it, DeFi is so popular now, but the huge price volatility has always been a headache. With a stablecoin, it's like having an anchor in the DeFi world, which can significantly reduce trading risks and attract more participants.
Moreover, the HUMA protocol mentioned in this proposal is quite interesting. It allows the stablecoin to be linked to real-world assets, such as fiat currencies and commodities. Doesn’t this essentially open up a channel between on-chain and off-chain? Just imagine being able to conveniently purchase various real-world assets with ADA in the future; isn’t that exciting?