Hoskinson’s DeFi Boost: Cardano To Invest $100 Million in Bitcoin and Stablecoins

Cardano co-founder Charles Hoskinson proposed a bold strategy to boost the development of DeFi (decentralized finance) on the Cardano blockchain. He envisions converting approximately $100 million from the Cardano’s treasury into a mix of stablecoins (USDM, USDA) and Bitcoin. This goal is to increase the stablecoin-backed TVL (Total Value Locked) ratio from its current 10% to around 33–40%. Hoskinson believes this shift will be transformative for Cardano’s DeFi ecosystem.