According to CoinDesk, Cardano founder Charles Hoskinson suggested converting the $100 million ADA reserve into Bitcoin and Cardano's native stablecoins USDM and USDA to enhance the DeFi and stablecoin ecosystem. He stated that this operation would not have a significant impact on market prices and mentioned that the current only 10% of TVL compared to the proportion of stablecoin issuance is 'choking Cardano'. Currently, Cardano's total TVL is $356 million, with stablecoins only accounting for $31 million.