#CardanoDebate The #CardanoDebate on Binance is a trending discussion centered around Cardano's recent treasury proposal. Founder Charles Hoskinson has suggested using 140 million ADA (approximately $100 million) from Cardano's treasury to purchase Bitcoin and Cardano-native stablecoins like USDM, USDA, and IUSD. The goal is to stimulate growth in decentralized finance (DeFi) within the Cardano ecosystem.

This proposal has sparked a divided response from the community. Some view it as a bold step toward ecosystem maturity, while others express concerns about potential risks given current market conditions and governance issues. Following the announcement, ADA's price dropped by 6%, indicating the community's mixed reactions.

The debate continues to unfold, reflecting the community's diverse perspectives on Cardano's future in the crypto ecosystem.