A new scenario for DeFi could emerge on Cardano $ADA
Charles Hoskinson talks about the possibility of locking ADA in a Cardano smart contract, issuing a private stablecoin based on it through Midnight, and then using these assets in other ecosystems—Ethereum, Solana, and Hyperliquid.
If this model is actually implemented, it could significantly expand the usefulness of $ADA : the asset isn’t just held in the Cardano network—it becomes collateral for private financial operations across multiple ecosystems at once.
The most interesting part here is the link ADA → private stablecoin → DeFi beyond Cardano. This is a completely different level of $ADA liquidity use. $ETH $SOL
Charles Hoskinson talks about the possibility of locking ADA in a Cardano smart contract, issuing a private stablecoin based on it through Midnight, and then using these assets in other ecosystems—Ethereum, Solana, and Hyperliquid.
If this model is actually implemented, it could significantly expand the usefulness of $ADA : the asset isn’t just held in the Cardano network—it becomes collateral for private financial operations across multiple ecosystems at once.
The most interesting part here is the link ADA → private stablecoin → DeFi beyond Cardano. This is a completely different level of $ADA liquidity use. $ETH $SOL