$ADA

Big moves brewing in the Cardano ecosystem 🔥

Charles Hoskinson has proposed allocating 140M ADA (~$100M) from the Cardano treasury to buy BTC and Cardano-native stablecoins (USDM, USDA, iUSD) — all aimed at fueling DeFi growth.

The goal? Boost liquidity, anchor Cardano DeFi to more stable assets, and strengthen trust in its ecosystem.

But not everyone’s convinced. The proposal sparked a 6% drop in ADA, as concerns rise over:

Governance transparency 🧩

Market timing ⏳

Treasury risk management ⚠️

Supporters see this as a bold step toward financial maturity — diversifying reserves, making DeFi on Cardano more competitive, and possibly attracting institutional interest.