#ADA 🧭 1. Governance Clash Over $100M Stablecoin Proposal

0-1On June 13, ADA dropped $100 million)** from the treasury to boost stablecoin liquidity  .

447-0Charles Hoskinson defended the plan, emphasizing that the funds would be sold gradually via OTC or algorithmic orders to prevent market disruption, arguing stablecoin depth is essential for Cardano’s DeFi growth  .

702-0Critics, including major influencers, warned that public allocation could trigger front-running—pushing ADA prices lower before the treasury’s execution  .