#CardanoDebate Charles Hoskinson’s proposal to deploy $100–140 million worth of ADA from the treasury. The goal? Boost stablecoin liquidity (USDM, USDA) and fund Bitcoin DeFi. Key points:
Price dip: ADA dropped ~6%, from ~$0.688 to ~$0.625, then rebounded to around $0.64 .
Hoskinson's defense: Sell pressure concerns are “false narrative.” He argues the treasury could convert ADA slowly via OTC deals or TWAP orders, viewing it as “non‑inflationary revenue” to catalyze DeFi .
Critics' concerns: Influencers like @cardano_whale warn that even a phased sale could trigger front–running or heavy sell pressure. Some suggest minting crypto‑collateralized stablecoins instead .