🟢 Hoskinson proposed to invest $100 million in DeFi Cardano
The founder of Cardano, Charles Hoskinson, announced his intention to allocate $100 million in $ADA tokens from the treasury for the development of DeFi infrastructure. According to him, the funds will be used to support stablecoins USDM, USDA, and IUSD, as well as to purchase assets like Bitcoin.
📌 The idea is already being discussed with the leadership of the Cardano Foundation and community members.
📌 He also dismissed concerns about a price drop of ADA, stating that the market can easily absorb such volumes.$SOL $BNB
💡 If the proposal is implemented, it will be an important step towards a mature and self-sustaining Cardano ecosystem.
