#CardanoDebate 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's reaction was immediate: ADA dropped by 6%, reflecting the division within the community.
📌 Pros and Cons of the Proposal
✅ In favor:
- Strengthening DeFi in Cardano: Reserves in BTC and stablecoins could attract more liquidity and projects.
- Strategic diversification: Reduces exclusive dependence on ADA and mitigates volatility risks.
- Sign of maturity: Shows willingness to innovate in treasury management.