Charles Hoskinson throws out a market-shattering liquidity plan for stablecoins, with core actions targeting two major moves:
Allocate $100 million worth of ADA from the Cardano treasury (which currently holds 1.7 billion #ADA) and directly exchange it for the ecosystem's native stablecoin USDM. This operation is akin to injecting super strong liquidity into the stablecoin system, effectively implanting a blood production machine into the "veins" of cryptocurrency.
Even more explosive is that Cardano will partner with Brevan Howard, which manages over $20 billion.