Cardano is struggling to compete due to a severe lack of stablecoin liquidity, making it hard to attract big projects and users. Charles Hoskinson points out that Cardano's stablecoin-to-TVL ratio stands at just 9%, far behind Ethereum and Solana ยน.
*The Blame Game* ๐คฏ
Hoskinson blames the Cardano Foundation for being slow and ineffective in securing stablecoin integrations, citing external pressures from the Swiss government. He believes the foundation should have already solved this problem ยฒ.
*The Solution* ๐ก
Hoskinson proposes converting $100 million worth of ADA into stablecoins like USDM and Bitcoin to boost liquidity and stimulate ecosystem growth. This move could generate $5-10 million in annual returns and strengthen Cardano's DeFi ecosystem ยณ โด.
*What Does This Mean for ADA Holders?* ๐ค
Hoskinson's public criticism signals internal conflict and a warning about Cardano's slow progress. The future of Cardano's competitiveness depends on resolving these issues and the success of Hoskinson's direct intervention.
*Stay Tuned* ๐บ
The next few months will determine if ADA can get the liquidity it needs to challenge crypto giants. Will Hoskinson's plan work, or will Cardano continue to struggle? Share your thoughts! #CardanoNews #ADA #StablecoinLiquidity #DeFi #CryptoMarketAlert
