#CardanoDebate

📢 Cardano founder 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 saw a decline of 6%, amid a split in community opinions; some believe that the move is bold and pushes towards the maturity of the ecosystem, while others consider it risky given the current market conditions and concerns regarding governance.