Cardano Founder Defends $100M ADA-to-Stablecoin Proposal Amid Community Pushback

A new debate has ignited within the Cardano community – and it’s all about stablecoins, treasury funds, and the potential impact of a massive ADA conversion. TheCryptoBasic shared details about this via thread on their X account. Cardano founder Charles Hoskinson proposed converting 140 million ADA, worth roughly $100 million, from the network’s treasury into