$ADA
The co-founder of Cardano, Charles Hoskinson, has suggested converting 100 million dollars into ADA tokens into Bitcoin and stablecoins. In a YouTube video on Friday, Hoskinson discussed the low issuance of stablecoins from Cardano within its DeFi ecosystem.
"Cardano has a disproportionately low ratio of stablecoin issuance relative to our DeFi. It's just below 10%," said Hoskinson in the YouTube video recording.
The co-founder of Cardano, Charles Hoskinson, has suggested converting 100 million dollars into ADA tokens into Bitcoin and stablecoins. In a YouTube video on Friday, Hoskinson discussed the low issuance of stablecoins from Cardano within its DeFi ecosystem.
"Cardano has a disproportionately low ratio of stablecoin issuance relative to our DeFi. It's just below 10%," said Hoskinson in the YouTube video recording.