🔺Char wants to transfer 100 million dollars from $ADA to #Bitcoin and stablecoins, which enhances the network's DeFi system. The proposal aims to increase liquidity, create a sovereign fund, and boost the issuance of stablecoins on Cardano, which is currently much lower than Ethereum and Solana in this regard. The sale will be implemented gradually to avoid impacting the price of $ADA $BTC . While part of the community fears selling pressure, supporters believe this is the necessary step to place #Cardano at the top of DeFi!
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