Cardano founder Charles Hoskinson proposed converting 140 million ADA (approximately 100 million USD) into USDM stablecoin to enhance ecosystem liquidity and achieve an annual yield of 5%-10%. This move could boost the stablecoin applications within 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 may 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 price impact on ADA still needs to be monitored for market reactions.