Intersect Reserve Contract Administered 26.1 Million USDCx to Date

Intersect’s 2026 Treasury Reserve Smart Contract had administered 26.1 million USDCx through Oct. 9, a cumulative total that does not show current contract balances or completed vendor payments. The tally also covered 4.8 million USDM and 201.67 million Cardano (ADA), recording activity across three assets rather than funds available for projects at a particular moment. Approved governance withdrawals first move into the reserve contract, then pass to project-specific contracts as vendors meet agreed milestones. The reported amount is cumulative across this process, rather than a statement of how much remains in reserve or what vendors have withdrawn. Intersect’s administration team can pause or resume individual payment milestones. A vendor and the oversight committee can also agree to modify or cancel a project.

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