Founder Charles Hoskinson has proposed a groundbreaking liquidity plan for stablecoins that will shake the market. The core moves are aimed at two major strategies:
Allocate $100 million worth of ADA from the Cardano treasury (currently holding 1.7 billion #ADA) to directly exchange for the ecosystem's native stablecoin USDM. This operation is equivalent to injecting super strong liquidity into the stablecoin system, akin to implanting a blood-forming machine into the "veins" of cryptocurrency.
Even more explosive is that Cardano will partner with Brevan Howard, which manages over $20 billion. This institution, renowned in the traditional financial 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: Activate asset accumulation within DeFi protocols in the ecosystem through institutional-level strategies.
Liquidity market-making revolution: Completely resolve the persistent slippage issue in stablecoin exchanges using algorithmic trading engines.
Dual-core drive: This operation is not merely about burning cash; it aims to build a "central bank + investment bank" for the crypto world.
Monetary side: Establish a self-circulating stable currency system within the ecosystem through a two-way exchange mechanism between ADA and USDM.