Wu Blockchain (@WuBlockchain): Cardano founder Charles Hoskinson proposed converting $100M of ADA reserves into Bitcoin and native stablecoins USDM and USDA to strengthen the ecosys…
Estimated coin impact
Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.
Cardano founder Charles Hoskinson proposed converting $100M of ADA reserves into Bitcoin and native stablecoins USDM and USDA to strengthen the ecosystem. He dismissed concerns over market impact and said the current 10% stablecoin-to-TVL ratio is “killing Cardano.” Cardano’s total TVL stands at $356M, with only $31M in stablecoins. https://t.co/7euNQ0CYTQ