Cardano Foundation pledges major ADA funding to back stablecoin ecosystem

The Cardano Foundation has announced a major roadmap update, which puts stablecoins at the forefront of its approach to DeFi. The organization confirmed that it will inject an eight-figure sum in ADA, which amounts to tens of millions of dollars, into liquidity programs backing a number of stablecoin projects. The liquidity pledge will help to […] source: https://www.cryptopolitan.com/cardano-foundation-pledges-major-ada-funding/