Founder of Cardano Charles Hoskinson has proposed to allocate 140 million ADA (approximately $100 million) from the project's reserves for the development of the Cardano DeFi ecosystem. These funds are suggested to be invested in Bitcoin and stablecoins such as USDM, USDA, and IUSD, which could lead to several possible scenarios:

1. Positive consequences

✅ Growth of TVL in Cardano DeFi – A liquidity injection could attract more users and developers, increasing the total value locked (TVL) in the ecosystem.

✅ Strengthening trust in Cardano stablecoins – Purchasing USDA, USDM, and IUSD could enhance their trust and liquidity, reducing volatility and de-pegging risks.

✅ Diversification of reserves – Adding BTC to the treasury could enhance the resilience of the Cardano fund, as Bitcoin is considered a more reliable asset.

✅ Increase in ADA price – If the market perceives this as a positive signal, a short-term or medium-term increase in the ADA exchange rate may follow.

2. Risks and negative consequences

⚠️ Centralization of governance – Using the treasury based on one person's proposal (even the founder's) could spark debates about decentralization and governance transparency.