Charles Hoskinson, founder of Cardano, has proposed converting $100 million in ADA to a mix of Bitcoin and stablecoins. This move aims to increase liquidity within Cardano’s DeFi landscape by boosting stablecoin issuance. The proposal was motivated by Cardano’s relatively low stablecoin issuance ratio and seeks to enhance its presence in the DeFi space. Hoskinson outlined his vision during a YouTube livestream, highlighting the anticipated benefits, including improved market stability and increased transaction volume. The plan has already impacted ADA’s price, with a 4% decline following the announcement. The market response reflects concerns about increased sell pressure and potential dilution effects. Analysts suggest this move may align Cardano more closely with ecosystems like Solana. Potential outcomes include increased DeFi activity on Cardano and innovation in its ecosystem. This strategic shift is expected to be scrutinized by policymakers and community members, while experts remain uncertain if regulatory bodies will intervene or how developers might react. The contrasting views of the Cardano Foundation CEO on DeFi further underscore ongoing discussions within the ecosystem. The crypto community is watching for Cardano’s next steps as it explores expanding liquidity options.