$ADA Cardano’s $100M Gamble: DeFi Moonshot or Treasury Trouble? 🌐

Charles Hoskinson just shook the ADA ecosystem. His bold proposal? Deploying 140M ADA (~$100M) from the treasury to ignite DeFi adoption by acquiring BTC and Cardano-native stablecoins (USDM, USDA, IUSD). It’s a daring play aiming to fuel real on-chain growth—but not without sparks. Following the announcement, ADA instantly slipped 6%, signaling a split community: some are hyped by the vision, others skeptical of the timing and governance risks.