According to CoinDesk, Cardano founder Charles Hoskinson suggests converting $100 million in ADA reserves into Bitcoin and Cardano native stablecoins USDM and USDA to enhance the DeFi and stablecoin ecosystems. He stated that this operation will not have a significant impact on market prices and stated that the existing 10% TVL and stablecoin issuance ratio is "strangling Cardano". At present, Cardano's full chain TVL is $356 million, with stablecoins accounting for only $31 million. https://www. (wublock123.com)/index.php? m=content&c=index&a=show&catid=6&id=43986