Does Cardano have unlimited supply?

Could you please clarify for me if Cardano's supply is truly unlimited? I've heard conflicting information about its tokenomics and I'm curious to know if there's a cap on the total number of ADA coins that can be mined or issued. Understanding this aspect of Cardano's ecosystem is crucial for investors and users alike, as it can have significant implications on the long-term value and stability of the cryptocurrency.