#CardanoDebate

💥 Charles Hoskinson proposes to exchange $100 million ADA for Bitcoin and stablecoins!

The founder of Cardano, Charles Hoskinson, has put forward the idea of converting $100 million from the ADA treasury into Bitcoin (BTC) and stablecoins (USDM, USDA). The goal is to strengthen the Cardano DeFi ecosystem and increase the influence of stablecoins. 🚀

🔍 What is important:

• Hoskinson assures that this conversion will not affect ADA liquidity and will not pressure the token's price.

• It is proposed to increase the share of stablecoins in the network's TVL from the current ~10% to 30-40%.

• Currently, Cardano's TVL is $356M, of which only $31M are stablecoins. In comparison: Solana has $9.8B TVL and $11B in stablecoins. 😮

⚠️ But not everyone agrees: CEO of the Cardano Foundation, Frederik Gregaard, believes that TVL is not the main criterion for assessing success.

💬 Hoskinson, on the contrary, sees a weak presence of stablecoins as a significant threat to Cardano. In his opinion, such an exchange will help create a DeFi economy with non-inflationary income.

🤔 Your thoughts? Will this step help ADA catch up with competitors? Is it risky to touch the treasury? Share in the comments! 👇