#CardanoDebate The founder of Cardano, Charles Hoskinson, proposed to use 140 million ADA (~100 million USD) from the treasury to boost DeFi development by purchasing BTC and native Cardano stablecoins (USDM, USDA, IUSD). ADA dropped 6% after this announcement, as the community remains divided. Some see this as a bold step towards the maturity of the ecosystem, while others argue that this carries risks in the market context and concerns about governance.
💬 What do you think about this proposal? How will this move affect the value of ADA in the long term?
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