Charles Hoskinson, the founder of Cardano, proposed converting 140 million ADA (approximately 100 million USD) into USDM stablecoins to enhance ecosystem liquidity and achieve an annual return of 5%-10%. This move could boost the stablecoin application in the Cardano DeFi ecosystem and narrow the Total Value Locked (TVL) gap with Ethereum and Solana. However, some community members are concerned that a large-scale ADA sell-off could trigger market volatility and suggest using crypto asset-backed stablecoins (like ObyUSD) instead of direct conversion. If successfully implemented, this proposal may attract institutional funds (such as a16z, Pantera Capital) into the ecosystem.