Hoskinson Proposes Bold Move for Cardano! Cardano founder Charles Hoskinson suggested using 140 million ADA (approximately 100 million dollars) from the project's treasury to support the growth of decentralized finance (DeFi) within the network.

The plan includes: purchasing Bitcoin (BTC) and supporting stablecoins specific to Cardano such as:

USDM

USDA

iUSD

But the shock? After the proposal, the stablecoins linked to ADA recorded a decline in their value.

This raised questions about the plan's impact on the market and user confidence. Is this a smart venture to strengthen the system? Or a risky move?

91084239710

33686329225