$ADA

Hot Discussion on Cardano Proposal: IOG Exchanges 100 M ADA for Stablecoins + Bitcoin, Activating DeFi, Do You Agree?

Recently, Cardano founder Charles Hoskinson proposed a bold plan during a YouTube AMA:

"Take about 100 M USD worth of ADA from the treasury, convert it into Cardano stablecoins like USDM and USDA, and allocate some Bitcoin to activate stablecoin and Bitcoin DeFi on Cardano."