#CardanoDebate The founder of Cardano, Charles Hoskinson, proposed using 140 million ADA (~100 million USD) from the treasury to promote DeFi development by purchasing BTC and native Cardano stablecoins (USDM, USDA, IUSD). ADA dropped 6% after this announcement, as the community remains divided. Some view this as a bold move towards the maturation 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?