Cardano founder Charles Hoskinson proposed converting 140 million ADA (approximately 100 million USD) into USDM stablecoins to enhance ecosystem liquidity and achieve an annual yield of 5%-10%. This move could boost the stablecoin application in the Cardano DeFi ecosystem, narrowing the TVL gap with Ethereum and Solana. However, some community members are concerned that a large-scale ADA sell-off could trigger market volatility and suggest using crypto-asset collateralized stablecoins (like ObyUSD) instead of direct conversion. If successfully implemented, this proposal could attract institutional funds (such as a16z, Pantera Capital) into the Cardano ecosystem, driving long-term growth. Overall, if this plan is executed cautiously, it could enhance Cardano's competitiveness, but the short-term impact on ADA's price still needs to be observed in response to market reactions.