Solana co-founder Anatoly Yakovenko criticized Cardano’s proposal to convert $100 million in ADA treasury funds into Bitcoin and stablecoins, calling it “so dumb.” He argued that crypto treasuries should prioritize stability and liquidity, ideally stored in U.S. Treasury bills rather than volatile assets like Bitcoin. Yakovenko emphasized that such large sums shouldn’t be managed by developers on behalf of users. In response, Cardano founder Charles Hoskinson defended the plan, saying it would enhance DeFi liquidity, support stablecoin growth, generate yield, and fund ADA buybacks. Hoskinson also noted that the move wouldn’t significantly affect ADA’s market price or ecosystem stability.
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SOL
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FIGR_HELOC
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HYPE
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DOGE
$0.070566
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USDS
$0.999921
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RAIN
$0.012663
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LEO
$9.71
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ZEC
$507.65
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ADA
$0.198039
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XMR
$377.55
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WBT
$56.18
▲ +0.10%
LINK
$8.32
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XLM
$0.164592
▲ +1.80%
DAI
$0.99984
▲ +0.00%
BCH
$216.00
▲ +0.10%
USD1
$0.999367
▼ -0.10%
USDE
$0.99955
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CC
$0.095571
▲ +4.90%
Mkt Cap $2.30T
BTC Dom 56.66 %
BTC
$64,929.00
▲ +0.00%
ETH
$1,917.86
▲ +0.30%
USDT
$0.999314
▲ +0.00%
BNB
$599.94
▲ +1.50%
USDC
$0.999586
▲ +0.00%
XRP
$1.04
▲ +1.70%
SOL
$76.05
▲ +3.10%
TRX
$0.328738
▲ +0.40%
FIGR_HELOC
$1.00
▼ -2.70%
HYPE
$55.02
▲ +1.30%
DOGE
$0.070566
▲ +1.70%
USDS
$0.999921
▲ +0.00%
RAIN
$0.012663
▼ -0.60%
LEO
$9.71
▼ -0.50%
ZEC
$507.65
▼ -0.30%
ADA
$0.198039
▼ -1.50%
XMR
$377.55
▼ -0.50%
WBT
$56.18
▲ +0.10%
LINK
$8.32
▲ +1.70%
XLM
$0.164592
▲ +1.80%
DAI
$0.99984
▲ +0.00%
BCH
$216.00
▲ +0.10%
USD1
$0.999367
▼ -0.10%
USDE
$0.99955
▲ +0.00%
CC
$0.095571
▲ +4.90%
BTC
$64,929.00
▲ +0.00%
ETH
$1,917.86
▲ +0.30%
USDT
$0.999314
▲ +0.00%
BNB
$599.94
▲ +1.50%
USDC
$0.999586
▲ +0.00%
XRP
$1.04
▲ +1.70%
SOL
$76.05
▲ +3.10%
TRX
$0.328738
▲ +0.40%
FIGR_HELOC
$1.00
▼ -2.70%
HYPE
$55.02
▲ +1.30%
DOGE
$0.070566
▲ +1.70%
USDS
$0.999921
▲ +0.00%
RAIN
$0.012663
▼ -0.60%
LEO
$9.71
▼ -0.50%
ZEC
$507.65
▼ -0.30%
ADA
$0.198039
▼ -1.50%
XMR
$377.55
▼ -0.50%
WBT
$56.18
▲ +0.10%
LINK
$8.32
▲ +1.70%
XLM
$0.164592
▲ +1.80%
DAI
$0.99984
▲ +0.00%
BCH
$216.00
▲ +0.10%
USD1
$0.999367
▼ -0.10%
USDE
$0.99955
▲ +0.00%
CC
$0.095571
▲ +4.90%
Mkt Cap $2.30T
BTC Dom 56.66 %
BTC
$64,929.00
▲ +0.00%
ETH
$1,917.86
▲ +0.30%
USDT
$0.999314
▲ +0.00%
BNB
$599.94
▲ +1.50%
USDC
$0.999586
▲ +0.00%
XRP
$1.04
▲ +1.70%
SOL
$76.05
▲ +3.10%
TRX
$0.328738
▲ +0.40%
FIGR_HELOC
$1.00
▼ -2.70%
HYPE
$55.02
▲ +1.30%
DOGE
$0.070566
▲ +1.70%
USDS
$0.999921
▲ +0.00%
RAIN
$0.012663
▼ -0.60%
LEO
$9.71
▼ -0.50%
ZEC
$507.65
▼ -0.30%
ADA
$0.198039
▼ -1.50%
XMR
$377.55
▼ -0.50%
WBT
$56.18
▲ +0.10%
LINK
$8.32
▲ +1.70%
XLM
$0.164592
▲ +1.80%
DAI
$0.99984
▲ +0.00%
BCH
$216.00
▲ +0.10%
USD1
$0.999367
▼ -0.10%
USDE
$0.99955
▲ +0.00%
CC
$0.095571
▲ +4.90%
