Latest news with #Cardano-native
Business Insider
21-07-2025
- Business
- Business Insider
EMURGO Opens Registration for the New Cardano Card – A Smarter Way to Spend Crypto
EMURGO is now accepting registrations for the upcoming Cardano Card — a next-gen crypto card built to make digital assets more useful in everyday life. Users can think of it as their all-in-one key to the future of on-chain finance: Spend their crypto, earn rewards, and unlock new Cardano-native features — all from one sleek card. What is the Cardano Card? At launch, it's a custodial, multi-chain card that lets you spend ADA, BTC, ETH, SOL, USDC, and USDT, and many more. Soon after, self-custody and yield-bearing options are in the works — because crypto shouldn't force users to choose between control, convenience, or earning. Whether someone is a Cardano power user or just curious, the Cardano Card gives: Seamless global spending with top crypto assets On-chain rewards (yes, including ADA-back) Staking access directly through the card Airdrop eligibility for active users Optional borrowing using ADA as collateral Full transparency and control over your funds And here's a twist Cardano users will love: A portion of the profits from the Cardano Card is intended for donation to the Cardano Treasury — meaning the more a user swipes, the more they support the network's future. The card rollout begins with a limited early interest cohort — so for anyone that wants in, sign up is now available at and follow @thecardanocard on X to get the latest drops. A smarter, faster, and more Cardano-native way to spend crypto is coming. About EMURGO EMURGO is a co-founding entity of the Cardano Blockchain that drives the commercial adoption of blockchain technology and asset tokenization. Through strategic investments, partnerships, and infrastructure development, EMURGO connects traditional finance and Web3, enabling trust, scalability, and the tokenization of real-world assets. To connect and learn more, visit Disclaimer Users should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained herein shall constitute a solicitation, recommendation, endorsement, or offer by EMURGO to invest. Contact VP of Marketing nathaniel@
Yahoo
20-06-2025
- Business
- Yahoo
3 Reasons Cardano's New Bitcoin Treasury Plan May Backfire
Cardano might swap some of its native token for Bitcoin. That has a few bearish implications about what the chain's management thinks. It's also questionable whether it would accomplish the goals management described. 10 stocks we like better than Cardano › Cardano (CRYPTO: ADA) founder Charles Hoskinson wants to convert roughly $100 million of the cryptocurrency, or about 5% to 10% of the chain's treasury of 1.7 billion tokens, into Bitcoin (CRYPTO: BTC), plus a basket of Cardano-native stablecoins. The objective would be to shore up the chain's liquidity for its decentralized finance (DeFi) applications, and prove that Cardano can compete with its faster-growing rivals. The proposal sounds bold, but so far investors seem to be judging the move as bearish; the coin slid 6% on the news, capping off its fall of 35% this year so far. Here's why the market's skepticism is warranted, and why the plan could end up hurting the chain rather than helping it. Crypto treasuries exist to fund future development and buffer shocks. It's normal for chains to retain some coins that are issued by their competitors, and it's also normal for chains to retain some Bitcoin. In fact, it's necessary for DeFi projects to be able to access on-chain liquidity denominated in external tokens. The issue is that this late in the game, swapping a large cache of native tokens for an external asset is a message about management's confidence, or the lack of it, in Cardano's long-run value. Liquidity wasn't a major constraint for DeFi on the chain leading up to this discussion. So there's an implication by management that the chain's total value might actually grow faster if it holds less of its native token. Hoskinson argues the trade would be gradual and conducted over the counter to avoid slamming the price of Cardano. But the idea of diversifying suggests leadership fears continued dilution or sluggish demand for its own coin. That signal already rattled holders. If management won't keep its war chest in Cardano, why should outside investors keep it in their portfolios? Cardano's DeFi footprint is relatively small today. Its total value locked (TVL) was about $260 million as of June 17, with only $31 million of on-chain stablecoins. With the swap, Hoskinson hopes to lift the stablecoin-to-TVL ratio from roughly 10% to between 33% and 40%. That calculation doesn't really amount to much, though. Even if every dollar of the $100 million allocation landed inside Cardano applications, the chain's TVL would climb to about $260 million. That's still less than 1.5% of its nemesis Solana, which hosts $8.3 billion in TVL and $10.8 billion in stablecoins. The size of the gap would hardly budge, yet a large volume of Cardano would need to be sold to fund the experiment. And that sale pressure could easily eclipse the incremental liquidity benefit. The point of deeper liquidity is to attract borrowers, investors, and developers to the chain. Cardano's main obstacle is that few of those players are waiting on the sidelines right now. Its flagship decentralized exchange (DEX), Minswap, handles about $2.4 million in daily volume. The chain's biggest dollar-backed stablecoin has volume of a mere $50,000 a day. Without a reason for users to stick around, or compelling yields to offer to those who park their capital on the chain, new Bitcoin collateral risks becoming even more idle capital. And that would make the swap have a poor return for the chain, to say the least. Meanwhile, competitors keep raising the bar. Solana's DeFi user base is expanding, and Ethereum keeps slashing its gas (user) fees. Investors weighing where to deploy fresh capital will compare those ecosystems to Cardano's, and the comparison is not a favorable one for Cardano's holders. Cardano's community prides itself on deliberate engineering, but capital markets reward traction more than talk. A treasury diversification that scratches the surface of liquidity while advertising doubt about the coin's upside could end up a self-inflicted wound. Investors should monitor the situation, and perhaps consider selling the asset before it loses more value. Before you buy stock in Cardano, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Cardano wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $659,171!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $891,722!* Now, it's worth noting Stock Advisor's total average return is 995% — a market-crushing outperformance compared to 172% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 9, 2025 Alex Carchidi has positions in Bitcoin, Ethereum, and Solana. The Motley Fool has positions in and recommends Bitcoin, Ethereum, and Solana. The Motley Fool has a disclosure policy. 3 Reasons Cardano's New Bitcoin Treasury Plan May Backfire was originally published by The Motley Fool
