The founder of Cardano, Charles Hoskinson, proposed converting $100 million from treasury $ADA

ADA
0.2737
-3.42%
to Bitcoin $BTC

BTC
66,852.1
-1.35%
and stablecoins (#USDM and #USDA ) to enhance the stablecoin ratio in the Cardano ecosystem and DeFi sector, emphasizing that this will not negatively impact ADA liquidity
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