🔥 Hoskinson Proposes Conversion of $100 Million ADA to BTC & Stablecoins! 💰
Cardano founder, Charles Hoskinson, proposes converting $100 million ADA into BTC & stablecoins (USDM, USDA, IUSD) 🚀 The goal? Increase Cardano's DeFi dominance!
📊 Currently, the stablecoin vs TVL ratio of Cardano is only 10% — far below Ethereum (190%) & Solana (110%). Hoskinson believes the market can absorb this allocation in 30–90 days without causing price fluctuations.
✅ Strategy: TWAP, OTC, transparent governance via an elected council.
📣 Community: Bullish or skeptical?
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