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$BTC Cardano founder Charles Hoskinson proposed a new plan, suggesting to use 140 million ADA (worth about 100 million USD) from the foundation's treasury to develop the DeFi ecosystem. He intends to purchase Bitcoin (BTC) and Cardano's native stablecoins (USDM, USDA, IUSD). Following the news, the price of ADA dropped by 6%, and the community was in an uproar. Supporters believe this is a bold step to mature the ecosystem, while opponents worry about the current market environment and governance issues, arguing that this move carries significant risks.