$ADA Analysis: The Controversial Proposal by Hoskinson for the Cardano (ADA) Treasury

The founder of Cardano, Charles Hoskinson, has sparked debate by suggesting using 140 million ADA (≈$100M) from the project's treasury to buy BTC and native stablecoins (USDM, USDA, IUSD) in order to boost the DeFi ecosystem. The market reaction was immediate: ADA fell by 6%, reflecting the division within the community.

📌 Pros and Cons of the Proposal

✅ For:

- Strengthening DeFi in Cardano: Reserves in BTC and stablecoins could attract more liquidity and projects.

- Strategic diversification: Reduces exclusive reliance on ADA and mitigates volatility risks.

- Sign of maturity: Shows willingness to innovate in treasury management.