Charles Hoskinson's proposal to inject a significant chunk of Cardano's treasury into Bitcoin and stablecoins is a move that's got the community buzzing, and not always in a good way. The appeal of dollar inflation protection combined with a turbocharged DeFi ecosystem is alluring. The reality is far more complicated,...
The Cardano blockchain is once again at a dramatic crossroads, with rumors flying about a potential pivot in its treasury management approach. The premise is simple—change a significant part of Cardano’s treasury into Bitcoin and stablecoins. Support for this move has sparked a passionate counter-offensive in the Cardano community. It...
Hoskinson’s proposal to pump a good portion Cardano’s treasury fund directly into Bitcoin and stablecoins is ambitious, to put it mildly. Could this be a long-rumored stroke of genius that’ll finally propel Cardano into the DeFi stratosphere? Or is it a high-stakes wager that could potentially leave ADA holders high...
Cardano, another high-profile blockchain platform launched three years before Solana, is reportedly considering moving in the opposite direction. Now, founder Charles Hoskinson has put forth a doozy of a plan. His plan involves turning 5–10% of the ADA treasury – roughly $1.2 billion – into Bitcoin and stablecoins. This expansion...
Charles Hoskinson, founder of the blockchain Cardano, has suggested a radical plan. Specifically, he intends to use $100 million of ADA to buy Bitcoin and Bitcoin-based stablecoins. This new initiative, aimed at deepening Cardano’s decentralized finance (DeFi) ecosystem, will focus on increasing adoption of stablecoins and bringing in Bitcoin liquidity....
Charles Hoskinson, the founder of Cardano, has a grand, ambitious vision. Shortly thereafter, he made headlines again when he announced a $100 million plan to grow Cardano’s decentralized finance (DeFi) ecosystem. This effort has the crypto community all abuzz. There is a lot of excitement as to whether it can...
Hoskinson’s issuing the challenge, footing the bill for a $100 million ADA-to-Bitcoin and stablecoin conversion. That's a huge statement. Unlike Ethereum, it’s not just about the numbers—it’s about Cardano’s identity and its future in the cutthroat DeFi landscape. The goal? Increase the stablecoin-to-TVL ratio from a pathetic 10% to a...
