The founder of Cardano, Charles Hoskinson, proposed using 140 million ADA (~100 million USD) from the treasury to support the growth of DeFi by purchasing BTC and Cardano native stablecoins (USDM, USDA, IUSD). ADA dropped by 6% after the announcement as the community is divided. Some see it as a bold step towards the maturity of the ecosystem, while others argue that it is risky given the market conditions and governance concerns.

💬 What is your opinion on this proposal? How would this move affect the long-term value of ADA?

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