#CardanoDebate

### **#CardanoDebate: Key Points in 110 Words**

The Cardano community is fiercely debating a $100M treasury proposal to convert 140M ADA into stablecoins and Bitcoin, aiming to boost DeFi liquidity. While founder Charles Hoskinson argues for gradual OTC sales to minimize market impact, critics like @cardano_whale warn of sell pressure risks, preferring synthetic stablecoins . ADA dropped 6% amid the dispute, testing support at $0.622 before rebounding to $0.64 . Supporters see long-term ecosystem growth; opponents fear short-term price harm. The divide highlights Cardano’s governance challenges—balancing innovation with tokenomics stability . Meanwhile, bullish developments like the Cardinal Protocol (Bitcoin-Cardano DeFi bridge) counterbalance concerns .

(DYOR)