The Cardano stablecoin proposal #波段交易策略 was introduced by Cardano founder Charles Hoskinson. The main contents are as follows:

- Fund Conversion: Convert $100 million worth of the native token ADA in the Cardano treasury into the ecosystem's fiat stablecoin USDM to enhance the liquidity of stablecoins in the network.

- Collaboration Plan: Partnering with major hedge fund Brevan Howard to enhance key activities within the ecosystem, including Total Value Locked (TVL) and market making.

- Yield and Reinvestment: The program is expected to achieve an annualized yield of 5%-10%, with the generated income used to purchase ADA from the public market and return it to the treasury, expanding the treasury size and providing ongoing support to the ecosystem.

- Attracting Investment: The stablecoin liquidity strategy could also attract top venture capitalists such as a16z and Pantera Capital to join the Cardano ecosystem, with transaction sizes ranging from $25 million to $45 million.

In addition, Cardano also plans to launch a privacy stablecoin. This stablecoin is based on its unique blockchain architecture and consensus mechanism, utilizing the Ouroboros consensus protocol, incorporating zero-knowledge proof technology, and relying on the privacy sidechain Midnight to provide a cash-like anonymous payment experience, balancing privacy and compliance.