Cardano founder Charles Hoskinson proposes converting $100M ADA to Bitcoin and stablecoins

Cardano's founder, Charles Hoskinson, is floating the idea of converting $100 million worth of ADA—Cardano's native cryptocurrency—into Bitcoin and stablecoins. The move seems aimed at boosting Cardano's position in the decentralized finance (DeFi) space, possibly making it more appealing to developers and investors.