On January 29, 2023, founder Charles Hoskinson proposed a groundbreaking liquidity plan for stablecoins, with two key moves:

Allocating $100 million worth of ADA from the Cardano treasury (which currently holds 1.7 billion #ADA) to be directly exchanged for the ecosystem's native stablecoin USDM. This operation injects powerful liquidity into the stablecoin system, equivalent to implanting a blood-producing machine into the "veins" of cryptocurrency.

Even more explosive, Cardano will partner with Brevan Howard, which manages over $20 billion. This institution, renowned in the traditional finance sector, will bring a professional market-making team and risk control system into the crypto space, focusing on two battlefields:

#TVL (Total Value Locked) breakout battle: Activating the asset stagnation of DeFi protocols within the ecosystem through institutional-level strategies.

Liquidity market-making revolution: Using algorithmic trading engines to completely solve the slippage issues in stablecoin exchanges.

Dual-core drive: This operation is not just about burning cash; it aims to build a "central bank + investment bank" for the crypto world.

Monetary side: Creating a self-circulating stable currency system within the ecosystem through the two-way exchange mechanism between ADA and USDM.