#CardanoDebate
I think this is a gutsy move and could spark real DeFi action on Cardano, plowing about 140 million ADA into Bitcoin and native stablecoins would shore up liquidity gaps and help protocols grow. On the flip side, shifting so much ADA risks spooking traders and driving volatility, especially if the sales aren’t handled smoothly.
If Hoskinson’s team uses over-the-counter deals and drip-feeds the market, this could be a long-term win: stronger TVL, more yields, and fresh confidence in Cardano’s treasury model. But if it feels like a fire sale, ADA might languish below key supports for months.