The Cardano Foundation is set to significantly bolster its ecosystem with a new strategic roadmap aimed at boosting stablecoin and decentralized finance (DeFi) liquidity. In a major move, the foundation has announced an eight-figure commitment in ADA to support native stablecoin projects and attract more on-chain activity. This initiative is a direct response to the <a href="https://www.cryptoknowmics.com/news/cardano-holds-strong-at-0-90-amidst-bullish-catalysts/" target="_blank" rel="noopener">Cardano</a> ecosystem's underperforming stablecoin market, which currently holds a modest market capitalization of just <b>$38.9 million</b>, lagging behind competitors like Ethereum and Solana.
<h2>Proposed Budget and Broader Strategy</h2>
[embed]https://twitter.com/Cardano_CF/status/1970498154836664680[/embed]

As part of this comprehensive strategy, the Cardano Foundation is also backing a governance proposal titled the "Stablecoin DeFi Liquidity Budget." This action proposes to allocate <b>50,000,000 ADA</b> (equivalent to approximately <b>$40.65 million</b>) directly from the network's treasury to enhance stablecoin liquidity. The new roadmap extends beyond this, also focusing on the tokenization of real-world assets (RWAs) with a separate commitment of over <b>$10 million</b>. These efforts are designed to create a more robust and liquid environment for DeFi, which is crucial for attracting both retail and institutional investors.
<h3>Community and Governance</h3>
The Cardano Foundation's proactive approach has been met with positive commentary from the community. Cardano founder Charles Hoskinson praised the initiative as a "good start" and highlighted the importance of a community-led governance model. The foundation also plans to establish new delegated representatives (DReps) with an additional <b>220 million ADA</b>, aiming to decentralize decision-making and ensure that the community plays a more active role in guiding the network's future. This multi-pronged strategy marks a new phase for Cardano as it seeks to solidify its position in the competitive DeFi landscape.

Cardano Foundation Commits Millions to Boost Stablecoin and DeFi Liquidity

Cardano Foundation is set to boost its stablecoin and DeFi liquidity with an 8-figure ADA commitment and a major treasury proposal.

Cardano Foundation Commits Millions to Boost Stablecoin and DeFi Liquidity

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