The debate within the Cardano community is intensifying following the proposal to transfer approximately 140 million ADA, or about 100 million dollars, from the project’s treasury to stablecoins like USDM and USDA, and possibly Bitcoin, with the aim of enhancing liquidity in Cardano's decentralized finance ecosystem. Supporters of this proposal believe that this step could pave the way for building a decentralized sovereign wealth fund, managed transparently by an elected community council, with stable annual returns ranging from 5 to 10%. On the other hand, opponents of the idea express concerns about the impact of this large transfer on the price of ADA in the market, arguing that there are safer alternatives, such as minting stablecoins backed by internal assets without direct selling pressure. The project's founder, Charles Hoskinson, strongly defended the proposal, emphasizing that the implementation would be gradual through algorithmic tools to avoid any price disruption. This deep debate reflects a division within the Cardano community between those eager to quickly activate DeFi and those preferring caution in mobilizing treasury resources. At the same time, technical questions are increasing regarding the network's ability to keep pace with growth, placing Cardano in front of crucial strategic choices that will determine its position in the next phase of blockchain evolution.
