$ADA Where is ADA headed?

There is a lot going on in the Cardano community: Founder Charles Hoskinson has proposed using around 140 million$BTC from the Cardano treasury to provide more liquidity for stablecoins like $USDC and $USDT.

The goal is: Strengthen DeFi on Cardano.

The problem according to critics: If so much ADA is sold, it could drive the price down. In fact dropped by 6% shortly after the proposal.

Additionally, there is a dispute about whether the voting $SOL

in the community is really fair. Some say: It is not transparent enough who votes how.

What do you think?

- Does Cardano need more stablecoin support to remain relevant?

- Or is that too much risk for the price of