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Cardano founder proposes: Use 100 million ADA to exchange for BTC and stablecoins to enhance the ecosystem.
[Golden Finance] Golden Finance reported that Cardano founder Charles Hoskinson proposed to use 100 million ADA from the national treasury to exchange for Bitcoin and stablecoins (USDM, USDA) to enhance the on-chain stablecoin ratio and the DeFi ecosystem. He stated that this move would not impact the ADA market and refuted liquidity concerns.