#CardanoDebate Supporting this, DefiLlama data shows Cardano hosts only $31 million in stablecoins despite a total value locked (TVL) of $273 million. Hoskinson also emphasized that the current Cardano treasury lacks yield-bearing assets, suggesting an urgent need for a more productive allocation.
Under the new proposal, a portion of ADA from the treasury would be converted into stablecoins — potentially boosting the ratio to 33–40% — and an estimated $25M to $50M would be allocated to Bitcoin.
