$ADA a proposal by Charles Hoskinson, founder of Cardano, to use 140 million ADA (equivalent to US$ 100 million) from the treasury to boost DeFi growth by purchasing native stablecoins BTC and Cardano (USDM, USDA, IUSD).

Analysis of Charles Hoskinson's Proposal

Charles Hoskinson's proposal is undoubtedly a bold and complex move, with the potential for significant impacts on the Cardano ecosystem and the value of ADA.