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Cardano launches $1.7M ADA funding for projects in oracles, stablecoins, and on-chain identity

Protocol Fundamentals
10 Aug 2026
Crypto Briefing
View Source
Bullish
Cardano launches $1.7M ADA funding for projects in oracles, stablecoins, and on-chain identity

Cardano's Project Catalyst has opened a new funding round called Catalyst Pilot, offering 2.5 million ADA (about $1.7 million) to 10-15 teams. Grants range from 50,000 to 200,000 ADA, with payments tied to milestones including mainnet deployment and sustained usage. The pilot focuses on four key areas: oracles, stablecoins (USDM and USDCx), programmable tokens, and on-chain identity. This marks a strategic shift toward product-driven grants under the Cardano Foundation, aiming for real-world adoption within three months of launch.

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