Charles Hoskinson, the founder of Cardano, proposed using 140 million ADA (approximately $100 million) from the foundation's treasury to promote the development of the DeFi ecosystem, planning to purchase Bitcoin (BTC) and Cardano's native stablecoins (USDM, USDA, IUSD). After the proposal was announced, the ADA price fell by 6%, and there were differing opinions in the community. Some believe this is a bold step towards the maturity of the ecosystem, while others think that given the current market conditions and governance issues, this move carries risks.
