#CardanoDebate This move by Charles Hoskinson is definitely bold and risky! 💥 Using 140M ADA (~₹800+ Cr) from the treasury to buy BTC and Cardano-native stablecoins (USDM, USDA, iUSD) shows they're serious about boosting DeFi 💸🔥
If done right, this could bring more liquidity and trust to the Cardano ecosystem. Long-term, it might help ADA’s value go up 📈
But… investing such a huge amount in a volatile market without clear governance is a major concern 😬 What if the stablecoins don’t perform or the market dips further?
The 6% drop in ADA shows the community is clearly divided. Let’s see if this becomes a turning point for Cardano or a cautionary tale 👀