The Cardano Foundation announced it would commit an eight-figure sum in ADA to back stablecoin initiatives. The goal of this development is to increase its influence in decentralized finance (DeFi). Cardano Foundation Allocates ADA Liquidity for Stablecoins In its latest roadmap update, the Cardano Foundation confirmed it will provide substantial liquidity, amounting to tens of
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Matthew Ruthven is a crypto journalist and blockchain strategist with a passion for exploring the intersection of technology, finance, and decentralized governance. With a background in software development and digital economics, he brings a technical yet accessible approach to analyzing the latest trends in cryptocurrency and Web3 innovation.