#CardanoDebate The founder of Cardano, Charles Hoskinson, has proposed using 140 million ADA (~100 million USD) from the treasury to promote DeFi development by purchasing BTC and Cardano's native stablecoins (USDM, USDA, IUSD). ADA dropped 6% after this announcement, as the community remains divided. Some see this as a bold step towards the maturity of the ecosystem, while others believe there are risks in the current market context and governance concerns.
