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Founder Charles Hoskinson has proposed a market-shattering liquidity plan for stablecoins, with core actions targeting two major strategies: Allocate $100 million worth of ADA from the Cardano treasury (currently holding 1.7 billion #ADA) to be directly exchanged for the ecosystem's native stablecoin USDM. This move essentially injects super strong liquidity into the stablecoin system, akin to implanting a blood-producing 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 traditional finance, will bring its 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: Use algorithmic trading engines to completely resolve the slippage issues in stablecoin exchanges. Dual-core drive: This operation is by no means a simple burn of cash, but rather aims to build a "central bank + investment bank" of the crypto world. Monetary side: Create a self-circulating stable currency system within the ecosystem through a two-way exchange mechanism between ADA and USDM.
Founder Charles Hoskinson has proposed a market-shattering liquidity plan for stablecoins, with core actions targeting two major strategies:
Allocate $100 million worth of ADA from the Cardano treasury (currently holding 1.7 billion #ADA) to be directly exchanged for the ecosystem's native stablecoin USDM. This move essentially injects super strong liquidity into the stablecoin system, akin to implanting a blood-producing 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 traditional finance, will bring its 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: Use algorithmic trading engines to completely resolve the slippage issues in stablecoin exchanges.
Dual-core drive: This operation is by no means a simple burn of cash, but rather aims to build a "central bank + investment bank" of the crypto world.
Monetary side: Create a self-circulating stable currency system within the ecosystem through a two-way exchange mechanism between ADA and USDM.
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