$ADA The founder of Cardano, Charles Hoskinson, has proposed using 140 million ADA (~100 million USD) from the treasury to drive DeFi development by purchasing BTC and native Cardano stablecoins (USDM, USDA, IUSD). ADA fell 6% after this announcement, as the community remains divided. Some see this as a bold move towards the maturity of the ecosystem, while others argue that this carries risks in the current market context and concerns about governance.

💬 What do you think about this proposal? How will this move affect the value of ADA in the long term?