Charles Hoskinson, the founder of Cardano, has put forward a proposal that could significantly boost the platform's competitiveness in the decentralized finance (DeFi) sector. This initiative may lead to an increase in Cardano's market share and draw the attention of more developers.
The suggestion involves converting $100 million worth of ADA into Bitcoin and stablecoins, a move that could strategically position Cardano within the evolving cryptocurrency landscape.
This development was first reported by Crypto Briefing.
