In the context of #CardanoDebate, the opinions of the Cardano community are divided over a bold proposal to transfer 140 million ADA (worth approximately $100 million) from the treasury to a stablecoin—to increase liquidity in the decentralized finance (DeFi) world. Charles Hoskinson advocated for the idea, explaining that it would be implemented gradually through OTC deals and algorithmic tools (TWAP) to avoid any significant sell pressure.
On the other hand, some influencers like Cardano Whale warned that this large volume could negatively impact the price of ADA—fearing early sell-offs and "front-running."
Today witnessed a 6% drop in the price of ADA, from ~0.688$ to ~0.625$ before recovering to ~0.641$, with trading volume recently increasing during the debate.
This initiative aims to bridge the liquidity gap and enhance DeFi on Cardano, but it has raised concerns about the timing of execution in a volatile environment. The public understands the long-term approach, but the timing of the process and methods of execution remain the focus of the debate about #CardanoDebate .