#CardanoDebate Proposal by Cardano founder, Charles Hoskinson, to use 140 million ADA from the treasury to drive DeFi growth by purchasing BTC and native Cardano stablecoins such as USDM, USDA, and IUSD.
The positive impact of purchasing BTC and stablecoins could enhance liquidity in the Cardano ecosystem, making it attractive to users and investors.
The negative impact is that large-scale purchases of BTC and stablecoins could be risky if market conditions are unstable, potentially leading to losses.