$ADA The founder of Cardano, Charles Hoskinson, proposed using 140 million ADA (~100 million dollars) from the treasury to stimulate DeFi growth by purchasing BTC and native Cardano stablecoins (USDM, USDA, IUSD). ADA dropped by 6% following the announcement, with the community remaining divided. Some see it as a bold step towards the maturity of the ecosystem, while others argue that it is risky given market conditions and governance concerns.