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#CardanoDebate Cardano founder Charles Hoskinson has proposed using 140M ADA (~$100M) from the treasury to boost DeFi growth by purchasing BTC and Cardano-native stablecoins (USDM, USDA, IUSD). ADA dropped 6% following the announcement, as the community remains divided. Some see it as a bold step toward ecosystem maturity, while others argue it’s risky given market conditions and governance concerns.
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Cardano founder Charles Hoskinson has proposed using 140M ADA (~$100M) from the treasury to boost DeFi growth by purchasing BTC and Cardano-native stablecoins (USDM, USDA, IUSD). ADA dropped 6% following the announcement, as the Community remains divided. Some see it as a bold step toward ecosystem maturity, while others argue it’s risky given market conditions and governance Concerns.
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Good luck 🤞
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$ADA (USDM, USDA, IUSD). ADA dropped 6% Following the announcement, as the community remains divided. Some see it as a bold step Toward ecosystem maturity, while others argue it’s risky given market conditions and governance concerns.
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#CardanoDebate (USDM, USDA, IUSD). ADA dropped 6% following the announcement, as the community remains divided. Some see it as a bold step toward ecosystem maturity, while others argue it’s Risky given market conditions and governance concerns
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