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Cardano Foundation CEO Says It Is Providing Eight-Figure ADA Liquidity to Stablecoin Projects

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2026-06-11 19:04:15
Cardano Foundation CEO Frederik Gregaard said the Foundation is providing an eight-figure ADA amount in liquidity to Cardano stablecoin projects. According to NS3.AI, the Foundation also serves as constitutional administrator of the $80 million Orion Fund.

The update comes as Cardano founder Charles Hoskinson partially steps back and activity on Cardano weakens.
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