#CardanoDebate

He then hit back at critics that claimed a $100 million sale would impact the price of ADA, calling them "inexperienced" before adding that the sale "would not cause any problems at all."

The goal of the sale would be getting the ratio of stablecoin issuance and TVL to around 30% to 40% versus the current roughly 10%.

Total value locked on Cardano stands at $356 million with just $31 million worth of stablecoins minted on-chain, DefiLlama data shows.