$ADA

📢 The founder of Cardano, Charles Hoskinson, proposes using 140 million ADA (equivalent to about 100 million dollars) from the project’s treasury to stimulate the growth of decentralized finance (DeFi) by purchasing Bitcoin and some stablecoins built on Cardano such as USDM, USDA, and IUSD.

🚨 Following this announcement, the price of ADA dropped by 6%, amidst a split in community opinions; some see the step as bold and pushing towards ecosystem maturity, while others consider it risky given the current market conditions and governance concerns.

💬 What do you think of this proposal? Do you believe this step will positively affect the value of ADA in the long term?

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From June 14, 2025, at 06:00 AM (UTC)

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