#CardanoDebate #CardanoDebate The current debate surrounding Cardano centers on a proposal to allocate $100 million worth of ADA from the treasury to boost stablecoin liquidity and enhance DeFi growth. Charles Hoskinson, Cardano's co-founder, argues that this move will address the network's limited stablecoin supply, foster long-term adoption, and create non-inflationary revenue for the treasury.
*Key Points of the Proposal:*
- *Diversification Strategy*: Convert $100 million worth of ADA into Bitcoin and Cardano-based stablecoins like USDM and USDA.
- *Stablecoin-to-TVL Ratio*: Target a 33% to 40% ratio to resolve Cardano's liquidity imbalance, currently at 9%.