#CardanoDebate The founder of Cardano, Charles Hoskinson, has proposed using 140 million ADA (~100 million USD) from the treasury to promote DeFi development by purchasing BTC and Cardano's native stablecoins (USDM, USDA, IUSD). ADA dropped 6% after this announcement, as the community remains divided. Some see this as a bold move towards the maturity of the ecosystem, while others argue that this poses risks in the current market context and governance concerns.
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