Cardano’s Catalyst program has selected 12 teams from 117 applicants for a 2026 pilot, with a grant pool of approximately two million ADA. Covered areas include stablecoin payments, lending, programmable tokens, identity, and supply chain. The program’s payment structure releases 40% of funds after onboarding, while the remaining 60% is tied to measurable on-chain adoption targets. This model incentivizes teams to demonstrate actual usage rather than simply completing their build. Fifty-two community curators participated in evaluating the applications.
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