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Ashwamedh means the use of wisdom for the benefit of society. It’s the horse sacrifice. The use of the wisdom of uccishrava, the horse of wisdom, which symbolized the dominion of the kingdom.
In the old Ashwamedha Yagya, a horse was set free, well adorned and decorated, followed by a great army. And wherever the horse roamed into the neighboring kingdoms, those kings would come out and they would either challenge and stop the horse which meant that they would do battle with the army; or they would accept the horse as an emblem of wisdom and they would surrender and unify the kingdoms into an empire.
And that way they reduced the amount of conflict in all the neighboring states by creating a unity in wisdom.