#CardanoDebate The founder of Cardano, Charles Hoskinson, proposed using 140M ADA (~$100M) from the treasury to boost DeFi growth by purchasing BTC and native Cardano stablecoins (USDM, USDA, IUSD). ADA dropped 6% after the announcement, as the community remains divided. Some see this as a bold step towards the ecosystem's maturity, while others argue that it is risky given the market conditions and governance concerns.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.