Cardano DeFi TVL Jumps 23% As USDCx Stablecoin And Cross-Chain Plans Gain Traction

Between February 26 and March 10, Cardano’s total value locked in DeFi protocols rose from 447 million ADA to 552 million ADA, an increase of roughly 23%. In dollar terms, TVL moved from about $127 million to approximately $142 million, while a privacy-focused Circle-linked stablecoin, USDCx, and community-funded infrastructure initiatives helped underpin growing activity and cross-chain ambitions.