#Cardano fam, you know what. SCREW Circle/$USDC!!
We have $USDM, $USDA, $DJED, $iUSD, & others.
1. Let’s take what we would have spent on Banker coin and seed our own liquidity. We do have $1.5 BILLION at current $ADA prices. At a $7 ADA? Do the math.
This should be a treasury proposal. CREATE LP’s for our stables. Use the treasury, simply park the funds in Lp’s, earn yield for the protocol. All we need is a competent market maker to make this happen. The actual cost is minimal. It’s simply putting the resources to work and not leaving it “under the mattress”.
2. Focus on getting Ripple USD stable on Cardano. Honestly I see them Outcompeting the Circle lizard people anyway.
Time to go on the attack and take what’s ours and stop begging for scraps…..
$ADA