#CardanoDebate #CardanoDebate The ADA token from Cardano dropped more than 6% while Charles Hoskinson defended a proposal to allocate 140 million ADA from the treasury to increase liquidity for stablecoins. The ADA token from Cardano fell 6.01% to $0.6412 as the market reacted to both macroeconomic volatility and a heated governance debate over a proposal to allocate $100 million from the treasury aimed at strengthening the DEFI ecosystem. On Wednesday, the TapTools team asked their followers on X what they thought about the idea of allocating 140 million ADA (approximately $100 million) to provide liquidity for stablecoins like USDM and help boost Cardano's growing decentralized finance sector.
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