Crypto YouTuber Wendy shared an update about what’s going on with Cardano, and it’s got a lot of people talking. In her latest video, she explained that Charles Hoskinson, the founder of Cardano, wants to use some of Cardano’s $1.2 billion treasury to buy Bitcoin and stablecoins. It’s a big move that’s caused a lot of chatter online.
Wendy doesn’t think it’s controversial. She actually thinks it’s smart. In crypto, things change fast. If you don’t keep up, you fall behind. Charles has been in the crypto space for a long time, and this seems like his way of making sure Cardano stays relevant.
The plan goes like this: sell a little ADA, use that money to buy Bitcoin and stablecoins, then use the returns from those assets to buy ADA back. The idea is to make the treasury stronger and help support ADA’s price. It’s not just about holding one token anymore. It’s about building something that can survive all kinds of market conditions.
Wendy also mentioned that Cardano is adding support for XRP through the Lace Wallet. This is a big deal because it shows that Cardano is open to working with other crypto projects. Some people who only support one coin might not like this, but it’s a sign that Cardano is thinking bigger.
She compared this to what big companies like MicroStrategy are doing. Those companies have added Bitcoin to their balance sheets because they believe in its long-term value. If Cardano is doing something similar, it means they’re taking a smart, cautious approach to grow their ecosystem.
Not everyone is on board, though. Some people online are criticizing the move. But Wendy ended with a reminder: in crypto, you have to pivot fast. If you don’t, you’ll get left behind. And no matter what happens in the crypto world, one thing that keeps proving itself over and over is Bitcoin.
This decision might feel bold, but it could be the kind of bold Cardano needs right now.
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