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Charles Hoskinson proposes $100 million ADA investment to boost Cardano DeFi ecosystem Cardano founder Charles Hoskinson has floated the idea of investing $100 million worth of ADA tokens held in the Cardano Foundation’s treasury to support the ecosystem’s native DeFi economy. According to the informal plan, the foundation would buy assets including Bitcoin as well as Cardano-native stablecoins like USDM, USDA and IUSD.
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