$ADA Hoskinson Proposes $100M ADA Treasury Strategy

Cardano founder Charles Hoskinson has proposed using 140 million ADA (~$100M) from the treasury to accelerate DeFi growth by purchasing BTC and Cardano-native stablecoins (USDM, USDA, iUSD).

Following the announcement, ADA dropped by 6%, sparking a divided reaction within the community.

➡️ Supporters see it as a bold move to strengthen liquidity and attract developers.

➡️ Critics argue it’s risky amid volatile markets, raising concerns over sell pressure and governance transparency.

Hoskinson stated that conversions would be executed gradually (via OTC or TWAP strategies) to minimize price impact.

📊 Cardano currently has a low stablecoin-to-TVL ratio (~10%), compared to Ethereum (195%) and Solana (127%).

👉 What’s your take on this proposal?

Could it fuel ADA’s long-term growth or add pressure to its price action?