Cryptocurrency | Price (USDT) |
---|---|
BTC | $107286.9300000000 |
ETH | $2433.8940000000 |
BNB | $645.7791300000 |
XRP | $2.1929250000 |
ADA | $0.5627249000 |
SOL | $149.1528000000 |
DOGE | $N/A |
DOT | $3.3692000000 |
LTC | $86.7281000000 |
LINK | $13.2566300000 |
Category: CRYPTO NEWS
The post Cardano Plans $100M Treasury Diversification Into Bitcoin and Stablecoins to Enhance DeFi Liquidity appeared on BitcoinEthereumNews.com. Cardano’s treasury is set to diversify $100 million into Bitcoin and native stablecoins, signaling a strategic shift to enhance liquidity and institutional appeal. This move addresses Cardano’s notably low stablecoin-to-DeFi ratio, aiming to strengthen the ecosystem’s financial infrastructure and yield opportunities. Charles Hoskinson emphasized, “Cardano has a disproportionately low ratio of stablecoin issuance to our DeFi. It sits a little under 10%,” highlighting the need for this treasury adjustment. Cardano plans to convert $100M ADA into BTC and stablecoins to boost DeFi liquidity and attract institutions, despite a 4% ADA price dip post-announcement. ‘, ‘ 🚀 Advanced Trading Tools Await You!Maximize your potential. Join now and start trading! ‘, ‘ 📈 Professional Trading PlatformLeverage advanced tools and a wide range of coins to boost your investments. Sign up now! ‘ ]; var adplace = document.getElementById(“ads-bitget”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBitget”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBitget.length) : sessperindex; adplace.innerHTML = adscodesBitget[adsindex]; sessperindex = adsindex === adscodesBitget.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBitget”, sessperindex); } })(); Cardano Treasury Diversification: Boosting DeFi Liquidity and Institutional Engagement In a notable strategic development, Cardano’s treasury announced plans to reallocate $100 million worth of ADA into Bitcoin and Cardano-native stablecoins USDM and USDA. This initiative targets the enhancement of liquidity within Cardano’s decentralized finance (DeFi) ecosystem and aims to attract greater institutional participation. The move reflects a growing trend among Layer 1 blockchains to diversify treasury assets, mitigating risks while seeking stable, yield-bearing instruments. Cardano’s founder, Charles Hoskinson, revealed the plan through a detailed YouTube presentation, underscoring the ecosystem’s current imbalance. With stablecoins comprising less than 10% of Cardano’s DeFi market, the treasury’s diversification is designed to address this shortfall and foster a more robust financial environment. This allocation is expected to increase the availability of stablecoins, which…
2025-06-15T03:36:14+00:00