usdm

Cardano plans to convert $100M ADA to $USDM.
Strategy targets 5-10% annual returns.Funds will repurchase ADA yearly.Profits will replenish the treasury.
Cardano’s Bold $100M Treasury Move to Boost Cardano Liquidity
Cardano’s founder has proposed a significant financial strategy. The plan involves converting $100 million in ADA from the treasury into $USDM. This aims to enhance trading activities, support market making, and increase total value locked. The treasury holds 1.7 billion ADA, and this shift targets annual returns of 5-10%. Funds will reinvest in ADA purchases and return to the treasury.
Strategic Goals for Cardano Growth
The initiative seeks to strengthen Cardano’s market position. Converting ADA to $USDM will improve liquidity for decentralized finance. The strategy includes yearly ADA buybacks to stabilize the ecosystem. A portion of profits will also replenish the treasury, ensuring long-term sustainability. This move highlights a focus on expanding Cardano’s financial infrastructure.
The founder stated, "We could convert $100M in ADA to $USDM, to build up trading, market making, and TVL in Cardano—get 5-10% returns on it, purchase ADA every year with it, and donate it back to the treasury."
Impact on Cardano Community and Market
This decision could reshape Cardano’s economic landscape. Enhanced liquidity may attract new developers and users. The annual ADA reinvestment aims to reduce market volatility. Treasury donations could fund future projects, boosting innovation. The plan’s success depends on market response and execution.
Broader Implications for Cardano Stability
The shift to $USDM aligns with growing stablecoin demand. It positions Cardano as a competitive blockchain platform. Increased TVL could draw institutional interest. However, the strategy requires careful management to avoid price fluctuations. The community awaits further details on implementation.
Global Context and Cardano Innovation
Cardano’s move reflects trends in cryptocurrency markets. Other blockchains explore similar liquidity strategies. This initiative underscores Cardano’s commitment to growth. It may set a precedent for treasury management in the sector. Observers note the potential for wider adoption.
#Cardan #ADA #USDM #Cryptocurrency #Blockchain

All Balances May Change in #Cardano ! New Move Ecosystem Can Be Reshaped From Top to Bottom!
Cardano founder Charles Hoskinson came up with a proposal that fell like a cryptocurrency bombshell. Speaking on live broadcast, Hoskinson suggested that the 100 million ADA reserves in the Cardano treasury be converted into Bitcoin ($BTC ) and Cardano-based stablecoins (#USDM , USDA). These proposals lifted not only the ones collected by Cardano, but the entire crypto market!
🎯 Goal: Strengthening the DeFi and Stablecoin Infrastructure
According to Hoskinson, if the Cardano ecosystem does not make a serious breakthrough in the DeFi and stablecoin fields, it risks falling behind the competition. The founder, who wants to convert a large portion of the $ADA reserves into more functional assets, argued that this move will increase Cardano's financial strength and make the ecosystem more pleasant.
"Currently, Cardano's total locked value is $356 million. In contrast, only $31 million worth of stablecoins have been used. This is insufficient!" Hoskinson said, adding that 30% to 40% of this rate should be removed.
📉 Will the Market Fall? Hoskinson Speaks Clearly!
Hoskinson also spoke harshly to criticism that the #ADA sale would put pressure on the price:
"These sales do not create a liquidity risk for the market. Therefore, this sacrifice is a condition for Cardano's long-term growth!"
🧱 Facing the Foundation!
This radical proposal has increased even more within the discussions of the Cardano Foundation. While Foundation CEO Frederik Gregaard argued that there was no significant indicator in the stablecoin-TVL so far, Hoskinson strongly opposed this view:
"The lack of stablecoins directly disrupts Cardano. This move is the most effective way to generate income without creating inflation!"
⚔ Big Competition with Solana
Hoskinson’s move is part of Cardano’s plan to gain strength against aggressively growing rivals like Solana. While Solana currently has over $11 billion in stablecoin usage on its network, this amount is only around $31 million on Cardano.
With this development that has resonated in the crypto world, all eyes are now on Cardano’s collection and foundation. If these proposals are accepted, Cardano could experience an unprecedented transformation in its history.
#MarketPullback #CryptoRoundTableRemarks

📅 November 25 | United States
What was supposed to be a historic day for MegaETH turned into an odyssey filled with failures, setbacks, and emergency decisions. The long-awaited launch of USDM deposits, the stablecoin integrated within the ecosystem, triggered a surge of activity that quickly led to disruptions, congestion, and an abrupt change in the protocol's boundaries.

📖According to The Block, MegaETH enabled a new mechanism for USDM deposits, a stablecoin developed by Mountain Protocol, which has rapidly gained traction due to its regulated design and attractive performance. This launch was considered an important step in strengthening the ecosystem's liquidity and expanding its trading volume.
However, as soon as the process was underway, the network began experiencing outages and temporary failures. The massive influx of users attempting to deposit USDM exceeded the MegaETH team's expectations, causing a saturation pattern that forced them to implement a circuit breaker and reduce deposit limits to prevent further damage.
The situation escalated when the initial limit—intended to control capital inflows—was quickly reached. In response, MegaETH decided to invert the cap flip, a mechanism designed to curb deposit imbalances and maintain stability. This measure surprised many users, who saw the rules changing in real time as they tried to participate.
Mountain Protocol, for its part, asserted that the stablecoin's performance was not at risk, and that the overload originated entirely within MegaETH's infrastructure. However, the community questioned the lack of technical preparedness, considering that the launch had been promoted as a test of the protocol's scalability.
Despite the turbulence, the developers stated that they continue to monitor the network and adjust parameters to prevent similar failures from recurring. The incident comes at a time when Layer 2 projects are aggressively competing to attract stable liquidity and institutional users.
The event—which was meant to mark a significant step forward—ended up demonstrating that even next-generation systems can be compromised under real pressure.

Topic Opinion:
Mass adoption always puts infrastructure to the test, and no protocol is exempt. Although I believe the problem was more technical than structural, the handling of the launch offers important lessons about communication, limits, and expectations.
💬 Do you think MegaETH will be able to recover from this setback?

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#MegaETH #USDM #Stablecoins #CryptoNews #defi $ETH

$BTC #BTC Bitcoin continues to attract the interest of companies around the world, this time from Norway. With the price of Bitcoin surpassing $105,000, companies have begun to race to adopt Bitcoin not only as a store of value but also as a key element in their financial plans. The latest of these steps came from the Norwegian exchange NBX, which announced on June 2 its purchase of Bitcoin, resulting in a significant 138% jump in its stock within just one day. NBX buys Bitcoin and sparks investor enthusiasm.