Here's a detailed overview of the Cardano debate in 100 to 120words:
The **Cardano community** is fiercely debating a proposal to deploy **140 million ADA ($100 million)** from its treasury to boost stablecoin liquidity (e.g., USDM) for its DeFi ecosystem .
**Opponents**, led by influencer @cardano_whale, warn that selling this volume amid current market weakness could crash ADA prices (e.g., from $0.70 to $0.50) due to front-running and sell pressure. They advocate for crypto-backed stablecoins (like ObyUSD) instead .
**Charles Hoskinson** (Cardano founder) dismisses these concerns as a "false narrative," arguing gradual, OTC or algorithmic (TWAP) sales would minimize market impact. He emphasizes that stablecoin depth is critical for Cardano's growth and could generate non-inflationary treasury revenue .
The split reflects a **broader tension**: balancing long-term DeFi foundations against near-term token economics, especially with ADA struggling to hold above $0.68 .
