查尔斯·霍斯金森（Charles Hoskinson）公布了雄心勃勃的计划，以解决Cardano令人不安的Stablecoin情况

为了解决Stablecoin流动性的供应，该创始人揭示了一个雄心勃勃的计划，尽管批评家指出了潜在的缺点。

Charles Hoskinson, the founder of Cardano, has highlighted a troubling stablecoin situation on the blockchain, presenting a major obstacle to decentralized finance (DeFi) activity. To address the pressing issue of stablecoin liquidity shortfall on the network, Hoskinson has put forth an ambitious plan that is sure to spark debate.

卡尔达诺（Cardano）的创始人查尔斯·霍斯金森（Charles Hoskinson）强调了区块链上令人不安的稳定状况，这是分散融资（DEFI）活动的主要障碍。为了解决该网络上Stablecoin流动性短缺的紧迫问题，Hoskinson提出了一个雄心勃勃的计划，一定会引发辩论。

Highlighting recent metrics that showcase the overall health of the blockchain, highlighting the network’s stablecoin data, which he describes as "ominous,"

强调了最近展示区块链整体健康的指标，突出了该网络的Stablecoin数据，他将其描述为“不祥”

According to the latest data, the ratio of Stablecoin Market Capitalization to TotalDeFi TVL is lower on Cardano than on other chains.

根据最新数据，Cardano的Stablecoin市值与TotalDefi TVL的比率低于其他连锁店。

On Ethereum and Solana, the ratios are 195% and 125%, respectively, while on Cardano, it's 9.65%.

关于以太坊和索拉纳，比率分别为195％和125％，而在Cardano上，比率为9.65％。

This signifies a "severe" stablecoin liquidity undersupply, which is stifling DeFi activity on the network,

这表示“严重”的稳定流动性供应室，这正在扼杀网络上的defi活动，

suggesting a potential solution to convert 140 million ADA into stablecoins from a slice of the Cardano Treasury.

提出了一种潜在的解决方案，可以将1.4亿ADA从Cardano财政部的一片转换为Stablecoins。

Aiming to fill a "significant vacuum" in the ecosystem,

旨在填补生态系统中的“重要真空”，

suggesting the conversion of ADA into USDM, a fiat-backed stablecoin on Cardano, to address the pressing issue of stablecoin liquidity shortfall on the network.

建议将ADA转换为USDM，这是Cardano上由菲亚特支持的Stablecoin的转换，以解决该网络上Stablecoin流动性短缺的紧迫问题。

Recently, USDM partnered with Lace Wallet in a move to become the dominant stablecoin on the blockchain amid interest in Bitcoin DeFi.

最近，USDM与Lace Wallet合作，转而成为对比特币Defi的兴趣，成为区块链的主要稳定性。

"What is killing Cardano is our stablecoin situation. This would start to solve it.

“杀死Cardano的是我们的稳定状况。这将开始解决。

ominous stablecoin data comparing the ratio of Stablecoin Market Capitalization to TotalDeFi TVL

不祥的Stablecoin数据比较了Stablecoin市值与TotalDefi TVL的比率

This would generate additional non-inflationary revenue for the treasury and improve its overall health

这将为财政部带来额外的非通信收入，并改善其整体健康状况

As the proposal gains traction, dissent is brewing among community members about the potential short-term impact of the proposed plan on ADA price.

随着该提议获得关注，社区成员之间的异议正在培养拟议计​​划对ADA价格的潜在短期影响。

suggesting that the ADA market may not be able to absorb the sell pressure of 140 million tokens.

表明ADA市场可能无法吸收1.4亿个令牌的卖出压力。

argues that while Charles Hoskinson’s proposal will offer myriad benefits, the timing is not right for the network. He notes that the ecosystem is bracing for an extended bear market and an announcement to sell ADA will trigger a steeper decline. Last week, a Cardano price crash triggered a buy opportunity, but ADA has lost nearly 5% over the last 24 hours. To avoid the sell pressure, the critic supports an alternative plan: using ADA to mint a crypto-backed stablecoin. This would involve pairing the minted stablecoin with an equivalent amount of ADA in liquidity pools across Cardano’s leading decentralized exchanges (DEXs).

认为查尔斯·霍斯金森（Charles Hoskinson）的提议将带来无数的好处，但时机不适合网络。他指出，生态系统正在为扩展的熊市提供支持，宣布出售ADA的消息将引发更大的下降。上周，Cardano价格崩溃引发了买入机会，但在过去的24小时内，ADA损失了近5％。为了避免卖出压力，批评者支持替代计划：使用ADA铸造加密货币支持的Stablecoin。这将涉及将铸造的稳定币与Cardano领先的分散交易所（DEX）的流动性池中的同等数量的ADA配对。

suggesting that selling 140 million ADA may have no significant price impact. In his words, "the markets are deep."

表明出售1.4亿ADA的价格可能没有重大的价格影响。用他的话说：“市场很深。”

He also noted that the sale could occur via OTC (over-the-counter) deals or TWAPs (time-weighted average price), arguing that the narrative of sell pressure from the conversion is false.

他还指出，这笔销售可能通过OTC（非处方）交易或TWAPS（时间加权平均价格）进行，认为转换的卖出压力的叙述是错误的。