#CardanoDebate

The founder of Cardano, Charles Hoskinson, proposed using 140 million ADA (~100 million dollars) from the treasury to stimulate the growth of DeFi by purchasing BTC and native Cardano stablecoins (USDM, USDA, IUSD). ADA fell by 6% after the announcement, as the community remains divided. Some see this as a bold step towards the maturity of the ecosystem, while others argue that it is risky given the market conditions and governance issues.