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Cardano Dips 6% Amid Fierce Debate Over $100M Treasury Plan To Boost DeFi Liquidity

Summary by Coin Desk
Cardano's ADA token dipped more than 6% as Charles Hoskinson defended a proposal to deploy 140M ADA from the treasury to kick-start stablecoin liquidity.

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Cardano News: 100 million proposal & geopolitical situation burden ADA KursCardano's Coin ADA has not just been through an easy week. First came the proposal of founder Charles Hoskinson to convert 100 million dollars from the Treasury into Stablecoins and Bitcoin to push the Cardano DeFi ecosystem. Sounds like a smart strategy – but not everyone in the community is convinced. Many ask themselves: Is Cardano's decentralization endangered?As if t…

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Cryptopolitan broke the news in on Friday, June 13, 2025.
Sources are mostly out of Philippines (1)

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