$ADA The Cardano project is set against a backdrop of intense discussion regarding the allocation of public funds to strengthen the Cardano DeFi ecosystem. By the end of June 2025, the community is debating the allocation of 140M ADA (≈ 100M USD) from the treasury to support liquidity in stablecoins. This announcement caused a drop of more than 6% in ADA, falling from 0.688 USD to 0.625 USD before a rebound to 0.641 USD.
🗣️ Actors and viewpoints
Charles Hoskinson (IOG) justifies this strategy by the necessity of addressing a critical lack of liquidity for stablecoins, through gradual OTC sales or TWAP orders, in order not to destabilize the market.