$ADA 1 billion dollars 'gamble': Hoskinson's proposal sparks heated debate and market turbulence

Cardano founder Charles Hoskinson's bold proposal has sent shockwaves through the crypto community - planning to use approximately **$100 million** worth of 140 million ADA from the Cardano Foundation's treasury to purchase Bitcoin (BTC) and Cardano's native stablecoins (USDM, USDA, IUSD) to stimulate the development of its DeFi ecosystem.

Upon the announcement, the market reacted swiftly and negatively, with ADA's price dropping **6%**. The community is sharply divided on this issue:

* **Supporters** believe this is a necessary move to mature the ecosystem. Buying Bitcoin could increase the diversity and stability of the treasury reserves, while a large purchase of native stablecoins like USDM, USDA, and IUSD would directly inject crucial liquidity into Cardano's DeFi applications (such as DEX, lending protocols), reduce user trading friction, attract more funds and users, ultimately benefiting the ecosystem's prosperity in the long run.

* **Opponents** are deeply concerned. Critics point out that in the current volatile market environment, using a massive ecological fund for such investments is too risky. A more core controversy lies in the governance model - is such a significant fund allocation decision decentralized enough? Has it undergone sufficient community discussion and authorization? Some argue that this move is like '**betting with shareholders' money**', harming the interests of token holders.