Hoskinson’s Bold Move: $100M ADA Swap to Boost Cardano!
Cardano founder Charles Hoskinson has proposed swapping $100M in $ADA for Bitcoin and stablecoins (USDM/USDA) to supercharge DeFi growth. Aiming to increase stablecoin adoption from 10% to 30-40%, this could transform Cardano’s ecosystem!
Despite fears of an ADA price drop, Hoskinson dismisses critics, calling the move a win for "non-inflationary income." With just $31M in stablecoins vs. Solana’s $11B, Cardano has huge potential to catch up.
What’s your take?
Bullish on Cardano’s future or cautious?
Let’s discuss!
