#CardanoDebate | Hoskinson’s $100M Treasury Proposal Sparks Controversy!
Cardano founder Charles Hoskinson has proposed converting 140M ADA (~$100M) into BTC and Cardano-native stablecoins (USDM, USDA, IUSD) to boost DeFi liquidity. The announcement triggered a 6% ADA price drop, as the community remains divided.
🔹 Supporters see it as a bold step toward ecosystem maturity, strengthening DeFi infrastructure.
🔹 Critics argue it’s risky, fearing sell pressure and governance concerns in a fragile market.
Will this move stabilize Cardano’s DeFi or further impact ADA’s price? The debate continues!