Cardano founder Charles Hoskinson has proposed reallocating $100 million worth of ADA from the blockchain’s treasury into Bitcoin and stablecoins. The strategy seeks to enhance Cardano’s decentralized finance ecosystem by increasing accessible capital.
The initiative targets a stronger on-chain stablecoin presence without disrupting market liquidity. Currently, stablecoins represent approximately 10% of Cardano’s Total Value Locked—significantly below competitors like Solana.
This approach contrasts with previous positions held by Cardano Foundation CEO Frederik Gregaard, who previously discounted TVL’s significance. The treasury diversification aims to strengthen Cardano’s financial infrastructure and ecosystem stability.