$BTC #CardanoDebate $ADA

Cardano's leadership, led by Charles Hoskinson, proposes converting $100 million ADA into stablecoins and BTC. The initiative aims to boost DeFi liquidity and diversify Cardano’s financial instruments. Charles Hoskinson, Co-Founder, Cardano, stated, "We take about a hundred million worth of ADA in the treasury and convert it to a blend of a collection of stablecoins incumbent in Cardano, so USDM, USDA, as well as ADA-backed stable synthetics like iUSD and also convert some of it to BTC to prime the BTC DeFi."