Earlier this week, Hoskinson proposed a strategic overhaul of Cardano’s treasury—suggesting reallocating roughly $100 million worth of ADA (about 5–10% of the $1.2 billion treasury) into native stablecoins (USDM, USDA, iUSD) and Bitcoin. His plan aims to strengthen stablecoin liquidity (currently just ~10% of TVL, around $330 million) and provide yield through a decentralized “sovereign wealth fund” model. The returns would be used for ADA buybacks, thereby supporting the token’s value. Hoskinson emphasized that the market’s daily volume could absorb such a move if executed gradually via TWAP, OTC, etc., without causing excessive price disruption.
