#CardanoDebate Cardano’s $100M DeFi Move – Visionary or Risky Gamble?

Charles Hoskinson, the founder of Cardano, has proposed a bold and controversial idea: using 140 million ADA (around $100 million) from the project’s treasury to buy Bitcoin and Cardano-native stablecoins like USDM, USDA, and iUSD. The goal? To inject fresh momentum into Cardano’s DeFi ecosystem.

However, the reaction has been mixed — and ADA’s price fell 6% right after the news.

Supporters believe this move could:

Bring real liquidity to Cardano-based DeFi apps

Help grow stablecoin usage on-chain

Attract new developers and users

Strengthen Cardano’s long-term ecosystem

Critics argue that:

This strategy is too risky in the current market

Treasury funds should support development, not asset purchases

The proposal lacks proper governance input

In the long run, if the plan works, it could increase Cardano’s total value locked (TVL), improve on-chain utility, and enhance the ADA token’s value. But if it fails, it may create distrust in how treasury funds are managed — and limit future innovation.

Your opinion matters: Is this the bold move Cardano needs — or a dangerous use of treasury assets?

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Activity Period: June 14 (06:00 UTC) to June 15 (06:00 UTC)

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