The founder of Cardano, Charles Hoskinson, has proposed using 140M ADA (~$100M) from the treasury to boost DeFi growth by purchasing BTC and native Cardano stablecoins (USDM, USDA, IUSD).
ADA fell 6% after the announcement, as the community remains divided. Some see it as a bold step towards the maturity of the ecosystem, while others argue that it is risky given market conditions and concerns about governance.
💬 What is your opinion on this proposal? How would this move affect the long-term value of ADA?
