#CardanoDebate
🌱 Cardano Enters a New Phase: When DeFi and Strategy Meet
This morning, the world of Cardano pulses with a mix of hopeful and anxious sentiment. Amidst stagnant trends and price corrections, Charles Hoskinson, the founder and public face of Cardano, emerged with an ambitious proposal: to take US$100 million from the ADA treasury to convert it into bitcoin and stablecoins.
🔥 What is Hoskinson Proposing?
In a livestream discussion yesterday, Hoskinson outlined a dual strategy:
Converting US$100 million ADA into bitcoin and two ADA-based stablecoins (USDM/USDA).
Contributing to building the foundation of DeFi and expanding the liquidity of the Cardano ecosystem.
According to Hoskinson, this step is not about price speculation but rather a way to drive ecosystem activation, stimulate DeFi projects, and enhance the network's credibility.