Charles Hoskinson is making headlines with his plan to convert $100 million worth of ADA treasury into Bitcoin and Cardano-based stablecoins. His aim is to strengthen Bitcoin’s presence in decentralized finance (DeFi), a vision he believes is both timely and critical.
With ADA liquidity shifting toward BTC and Cardano-native stablecoins like USDM and USDA, Hoskinson is betting on a future where Bitcoin plays a major role in cross-chain DeFi. Dismissing critics who fear price disruption, he remains confident this strategy will enhance long-term utility and market alignment between Cardano and Bitcoin.