According to Hoskinson, this step will eliminate such a drawback of the Cardano ecosystem as the limited adoption of stablecoins, which reduced the competitiveness of this blockchain in the Defi segment.
“We could take $ 100 million in the ADA from the treasury, convert them into a mixture of stablecoins used in Cardano, and exchange part for bitcoins. This will stimulate the economy of decentralized finance and will allow you to generate non -inflationary income, ”Hoskinson said.
He emphasized that the objections of critics of the offer do not have the basis, since the sale of a significant amount of ADA will not provide strong pressure on the cost of the coin. Faith in “Cardano Defi Like a bull trend” will create a demand for a purchase, which will be able to compensate for the large -scale elimination of the asset.
Earlier, Charles Hoskinson suggested that the first cryptocurrency rate by the end of this year or at the beginning of the next could reach $ 250,000 through increased political instability in the world.
Source: Bits
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