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by: xpoolPosted on: June 13, 2025

Cardano Unveils $100 Million ADA Stablecoin Initiative

Cardano has proposed a bold initiative to launch a USD-backed stablecoin, aiming to inject liquidity into its DeFi ecosystem and unlock substantial growth potential. The proposal from Charles Hoskinson, CEO of Input Output Global (IOG), envisions utilizing $100 million in ADA to create the USDM stablecoin, thereby boosting market participation and overall financial infrastructure within the Cardano network.

Related posts:

  1. Cardano’s Hoskinson Proposes $100M Stablecoin Conversion Amidst Community Debate
  2. Cardano Founder Proposes Stablecoin Expansion Using Treasury Funds
  3. Charles Hoskinson Proposes $100M ADA Swap for DeFi Boost, Will It Impact ADA Price?
  4. Cardano Proposes Major Shift in Reserves: From ADA to Bitcoin and Stablecoins
Cardano DeFi Stablecoins

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