Cardano Eyes $100 Million ADA Swap Into Stablecoins, Bitcoin To Fix Liquidity, Expand Treasury

Why did oil prices surge after Israel struck Iran? How will Nippon Steel's US Steel acquisition impact trade? What caused recent stock market drops amid Middle East tensions? Why are Amazon and Walmart considering issuing stablecoins? How did Israel's attack affect global energy markets? What led to GameStop’s convertible bond offering increase? Why did Tesla delay its robotaxi service launch?

Cardano Eyes $100 Million ADA Swap Into Stablecoins, Bitcoin To Fix Liquidity, Expand Treasury

benzinga.com/crypto/cryptocurrency/25/06/45927014/cardano-eyes-100-million-ada-swap-into-stablecoins-bitcoin-to-fix-liquidity-expand-treasury

Cardano co-founder Charles Hoskinson has proposed converting $100 million worth of (CRYPTO: ADA) from the protocol's treasury into a mix of stablecoins and Bitcoin (CRYPTO: BTC).
The move, if implemented, would mark a significant step toward addressing the network's low stablecoin…

This story appeared on benzinga.com, 2025-06-13 14:21:38.