Töölaud Hirm ja ahnus Kaevanduspallid Rahakotid Sõnaraamat Reklaamima Facebook Twitter Telegram Reddit Youtube
Turuosa ülempiirid:
24h turumaht:
Aktiivsed krüptovaluutad: 13286
Turg: 103975
CoinInsight360.com logo CoinInsight360.com logo
ENG
EST
RUS
TUR
DEU
CHI
KOR
ITA
USD
USD
AED
AFN
ALL
AMD
ANG
AOA
ARS
AUD
AWG
AZN
BAM
BBD
BDT
BGN
BHD
BIF
BMD
BND
BOB
BRL
BTN
BWP
BYN
BZD
CAD
CDF
CHF
CLF
CLP
CNH
CNY
COP
CRC
CUC
CUP
CVE
CZK
DJF
DKK
DOP
DZD
EGP
ERN
ETB
EUR
FJD
FKP
GBP
GEL
GHS
GIP
GMD
GNF
GTQ
GYD
HKD
HNL
HRK
HTG
HUF
IDR
ILS
IMP
INR
ISK
JMD
JOD
JPY
KES
KGS
KHR
KMF
KPW
KRW
KWD
KYD
KZT
LAK
LBP
LKR
LRD
LSL
LYD
MAD
MDL
MGA
MKD
MMK
MNT
MOP
MRU
MUR
MVR
MWK
MXN
MYR
MZN
NAD
NGN
NIO
NOK
NPR
NZD
OMR
PAB
PEN
PGK
PHP
PKR
PLN
PYG
QAR
RON
RSD
RUB
RWF
SAR
SBD
SCR
SDG
SEK
SGD
SHP
SLL
SRD
SSP
STD
STN
SVC
SYP
SZL
THB
TJS
TMT
TND
TOP
TRY
TTD
TWD
TZS
UAH
UGX
UYU
UZS
VES
VND
VUV
WST
ZAR
ZMW
ZWL
America's Social Casino

Turuosa ülempiirid
24h turumaht
13286
Aktiivsed krüptovaluutad
63.99%
Bitcoin Jaga
The Crypto Basic 2025-06-13 06:02:58

Cardano Founder Says $100M ADA Conversion to Stablecoin Won’t Impact Price

Cardano Founder Says $100M ADA Conversion to Stablecoin Won’t Impact Price

In an effort to provide stablecoin liquidity to the Cardano ecosystem, Charles Hoskinson said they could convert 140M ADA via OTCs and TWAPs without price impact. For context, Cardano founder Charles Hoskinson proposed a controversial plan to convert a portion of the Cardano treasury into USDM.The proposal, shared during a recent AMA session, came in response to concerns over low stablecoin liquidity within the Cardano DeFi ecosystem. At present, the treasury holds 1.7 billion ADA, estimated at $1.23 billion. Hoskinson suggested converting 140 million ADA—approximately $100 million—into USDM to improve liquidity and stimulate ecosystem growth, with a possible 5% - 10% annual return. The move , according to him, would strengthen DeFi participation without causing significant market disruption.DReps Express Caution Over Market ImpactNot all community members supported the idea. A Decentralized Representative (DRep), dubbed Whale, voiced concerns on X about the market risks. Whale said that pushing 140 million ADA into the market would create unsustainable sell pressure under current conditions. He acknowledged potential long-term benefits for the DeFi ecosystem but emphasized the timing risk. Whale noted that such actions could lead to front-running, where traders sell in anticipation of a large move, ultimately reducing ADA’s market value. He instead proposed minting crypto-backed stablecoins like ObyUSD to avoid direct ADA sales while still injecting liquidity.Hoskinson Responds to Liquidity ConcernsIn response, Hoskinson argued that market depth and trading mechanisms like OTC (over-the-counter) deals and TWAPs (time-weighted average prices) could manage the conversion without price disruption. https://twitter.com/IOHK_Charles/status/1933146987919974841He dismissed the notion that a $100 million sale would move the market significantly, stating that ADA regularly sees billions in trading volume each week. He also referenced stablecoin market cap to total value locked (TVL) ratios to highlight the gap Cardano faces. With a current ratio of 9.65%, Cardano trails Ethereum’s 195.3% and Solana’s 127.4%, suggesting limited stablecoin utility within its ecosystem.Additional Skepticism Surfaces From Community MembersFurther criticism came from a user named PlayfulOtter, who challenged Hoskinson’s market assessment. He cited general crypto market behavior, where $3–$5 billion in sell volume often leads to a 15–20% drop in market cap. However, Hoskinson maintained that large crypto trades can occur without triggering price drops, especially when managed over time. He asserted that belief in Cardano DeFi's growth would generate adequate demand to absorb such a conversion. Still, PlayfulOtter countered that finding a $100 million buyer remains a tangible hurdle, regardless of trading strategy or market optimism.In response, Hoskinson argued that Cardano’s markets are deep, with billions of dollars in ADA trading weekly. He argued that strong belief in Cardano DeFi would generate enough buy-side demand to absorb a $100 million conversion without causing price volatility.

Enim loetud uudised

Moralis Money
Turuosa ülempiirid
24h turumaht
63.99%
Bitcoin Jaga
323
Täna Uudised
Loe lahtiütlusest : Kogu meie veebisaidi, hüperlingitud saitide, seotud rakenduste, foorumite, ajaveebide, sotsiaalmeediakontode ja muude platvormide ("Sait") siin esitatud sisu on mõeldud ainult teie üldiseks teabeks, mis on hangitud kolmandate isikute allikatest. Me ei anna meie sisu osas mingeid garantiisid, sealhulgas täpsust ja ajakohastust, kuid mitte ainult. Ükski meie poolt pakutava sisu osa ei kujuta endast finantsnõustamist, õigusnõustamist ega muud nõustamist, mis on mõeldud teie konkreetseks toetumiseks mis tahes eesmärgil. Mis tahes kasutamine või sõltuvus meie sisust on ainuüksi omal vastutusel ja omal äranägemisel. Enne nende kasutamist peate oma teadustööd läbi viima, analüüsima ja kontrollima oma sisu. Kauplemine on väga riskantne tegevus, mis võib põhjustada suuri kahjusid, palun konsulteerige enne oma otsuse langetamist oma finantsnõustajaga. Meie saidi sisu ei tohi olla pakkumine ega pakkumine