🚨 Cardano moves $26M to USDCx as bridge controls freeze payouts, reducing ADA exposure.
Intersect-administered funds now favor stablecoin liquidity, with access tied to milestone releases and cash-out conditions.
This shift reflects risk-off positioning amid bridge constraints, signaling caution over direct ADA reliance.
Market implication: reduced on-chain ADA selling pressure as funds park in USDCx, potentially easing short-term token supply stress.
What does this mean for ADA’s next move when bridge controls ease?
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