Cardano's ADA token dipped more than 6% as Charles Hoskinson defended a proposal to deploy 140M ADA from the treasury to kick-start stablecoin liquidity.
Despite recent price struggles, NEAR Protocol becomes second most used L1 blockchain with 46 million monthly active users, signaling strong fundamentals amid market volatility.
This week's vote on stablecoin legislation ensures that finance will continue to be dollar-denominated and governed by American values, says Kristin Smith.