The Cardano Foundation has proposed allocating 50 million ADA (worth about $40.5 million) to a new liquidity fund to expand stablecoin adoption and DeFi activity on the network. The Foundation argued that deeper liquidity remains one of the blockchain network ecosystem’s most urgent needs. It added that an expanded stablecoin supply could bolster Cardano adoption
The post Cardano’s roadmap reveals $50 million liquidity push for stablecoins, DeFi and RWA appeared first on CryptoSlate. CryptoSlate Read More