Cardano’s Adoption Lag and New Stability Push
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The restructuring comes at a challenging moment for Cardano, which has struggled to match the growth of networks like Solana and Ethereum. Cardano holds under $50M in stablecoin supply, far below rival ecosystems. Hoskinson argues the issue is governance and coordination—not technology. Input Output and Cardano’s founding organizations are now forming a new coalition to accelerate the onboarding of tier-one stablecoins, custody providers, and deeper liquidity infrastructure.
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Cardano’s slow adoption has been a concern, but the stability focus may help.