$ADA Cardano founder Charles Hoskinson proposed to use 140 million ADA (approximately 100 million USD) 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%, with mixed opinions from the community. Some see it as a bold move towards the maturation of the ecosystem, while others believe it carries risks given the current market conditions and governance issues.
💬 What do you think of this proposal? How will this affect the long-term value of ADA?
👉 Complete daily tasks in the task center to earn points:
• Create a post using the #CardanoStablecoinProposal hashtag or the $ADA coin tag,
• Share your trader profile,
• Or share your trades to earn 5 points!
(Click “+” on the app homepage and enter the task center)
Event time: June 14, 2025, 14:00 to