#卡尔达诺稳定币提案 #卡尔达诺稳定币提案

The Cardano stablecoin proposal refers to the proposal by Cardano founder Charles Hoskinson to convert $100 million worth of ADA in the treasury into a Cardano-native supported stablecoin, USDM. This proposal has multiple significances:

Enhancing ecosystem liquidity: Stablecoins are a crucial foundation for the development of DeFi. The proposal aims to improve the liquidity of stablecoins within the Cardano network, which will help facilitate trading, market-making, and other activities within the ecosystem, increase the total locked value (TVL) of the network, and promote the development of decentralized financial services.

Creating economic returns and capital circulation: The proposal includes a self-sustaining economic model and is expected to achieve an annualized return of 5%-10%. The revenue will be used to purchase ADA from the open market and return it to the treasury, helping to reduce the circulating supply of ADA, expand the treasury size, and provide continuous support for the ecosystem, forming a positive capital cycle.

Attracting investment institutions: If the proposal is implemented, it may attract large venture capital firms such as a16z or Pantera Capital to join the Cardano ecosystem, bringing more funds and resources to the ecosystem and promoting its further development and growth.

Enhancing competitiveness: Stablecoins are an important asset class in the blockchain space, with Ethereum holding a leading position in stablecoin TVL. By enhancing its stablecoin-related layout, Cardano can improve its competitiveness in the DeFi field, better compete with other public chains, and attract more developers and users.

Exploring the balance between privacy and compliance: Cardano plans to launch a privacy stablecoin that relies on technologies such as zero-knowledge proofs to ensure transaction privacy while meeting regulatory requirements through a "selective disclosure and seasonal freeze system," providing new ideas for on-chain financial privacy protection and compliant development.