#CardanoDebate

There is a heated debate๐Ÿ”ฅ in the Cardano community about a proposal to allocate $100 million ๐Ÿ’ฐ from Cardano's treasury to support stablecoin liquidity. Cardano's founder Charles Hoskinson has suggested converting 140 million ADAโžก๏ธ into the stablecoin USDM to strengthen the DeFi ecosystem. However, some community members warn โš ๏ธ that this could create selling pressure on ADA and lower its price ๐Ÿ“‰. Hoskinson argues that the conversion would happen gradually through OTC trades and TWAP strategies to minimize market impact.