$ADA Cardano founder Charles Hoskinson proposed converting $100 million of ADA reserves into Bitcoin and native stablecoins USDM and USDA to strengthen the ecosystem. He dismissed concerns about market impact, stating that the current 10% stablecoin/TVL ratio is 'killing Cardano'. The total TVL of Cardano is $356 million, with only $31 million in stablecoins.
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