Hoskinson: Cardano’s 1.7B ADA Treasury Could Earn $5–10 Million in ADA Each Year

In a recent AMA session, Cardano founder Charles Hoskinson floated a bold proposal to enhance stablecoin liquidity in the Cardano ecosystem. Specifically, he suggested converting $100 million worth of ADA in the treasury into USDM, a native Cardano-backed stablecoin. Hoskinson noted that the Cardano treasury currently holds approximately 1.7 billion ADA. It could be partially […] The post Hoskinson: Cardano’s 1.7B ADA Treasury Could Earn $5–10 Million in ADA Each Year appeared first on Coin Edition.