#CardanoDebate

Cardano (ADA) has fallen about 6% after a heated debate over a proposal to withdraw 100–140 million (ADA) from the project's treasury to support liquidity in stablecoins. $ADA

• The supporting team led by Cardano founder Charles Hoskinson believes that this step will invigorate decentralized finance projects without directly harming the price if executed smartly through OTC deals or tools like TWAP.

• However, the opposing team warns: announcing such a large amount could cause panic and pressure the price downwards, and they believe it is better to launch stablecoins backed by crypto assets without liquidating ADA from the treasury.