$ADA Critics argue that Cardano is developing too slowly, which prevents it from competing with other blockchains in the areas of DeFi and dApps.

Supporters believe that a careful, science-based approach provides greater security, decentralization, and stability in the long term.

There is a discussion about the insufficient number of dApps and stablecoins (e.g., USDC, USDT) on the Cardano platform. Charles Hoskinson, the founder of Cardano, proposed converting 100 million dollars ADA from the treasury of the Cardano Foundation into stablecoins and bitcoins to increase the issuance of stablecoins and attract more DeFi activity.