#CardanoDebate

Charles Hoskinson, the founder of Cardano, proposed using 140 million ADA (approximately $100 million) from the treasury to boost decentralized finance (DeFi) growth by purchasing Bitcoin and stablecoins specific to Cardano (USDM, USDA, IUSD). The value of ADA dropped by 6% following the announcement, amid a split in the cryptocurrency community. Some see it as a bold step towards maturing the ecosystem, while others view it as risky given the market conditions and governance concerns.

💬 What do you think of this proposal? How will this move affect the value of ADA in the long term?

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