#CardanoDebate

Charles Hoskinson’s proposal to convert 140M ADA (~$100M) into Bitcoin and Cardano-native stablecoins (USDM, USDA, IUSD) aims to bolster Cardano’s DeFi ecosystem by enhancing liquidity and attracting yield-seeking investors. Proponents view it as a strategic move to address Cardano’s stablecoin shortage and compete with rivals like Ethereum. Critics, however, fear potential ADA price volatility and question treasury management amid governance concerns. Using OTC and TWAP, Hoskinson claims minimal market impact. Long-term, this could drive ADA demand if DeFi grows, but risks remain if stablecoin adoption falters. The 6% ADA drop reflects market uncertainty, yet successful execution might stabilize and enhance ADA’s value.web:0,1,2,8,10