Cardano’s Stablecoin Crisis: Hoskinson Proposes 140M ADA Conversion as ADA Price Drops 7%
Cardano is once again under the spotlight—this time not for its technological roadmap, but for what co-founder Charles Hoskinson bluntly called a “stablecoin situation” that’s killing Cardano’s DeFi growth. Hoskinson Sounds the Alarm on Stablecoin Liquidity In a recent post on X (formerly Twitter), Hoskinson voiced concern over the glaring gap in Cardano’s stablecoin market…