Odaily Planet Daily News Solana co-founder Anatoly Yakovenko publicly opposed Cardano's proposal to sell $100 million of ADA to buy Bitcoin and stablecoins, calling the decision "too stupid." Yakovenko said the project only needs to hold 18-36 months of short-term government bonds as emergency funds, questioning "why to hold Bitcoin for users." The dispute stems from Cardano founder Charles Hoskinson's proposal on June 14 to enhance the liquidity of its DeFi ecological stablecoins. The community is worried that a large-scale sell-off of ADA will impact the price of the currency. Hoskinson argued that the market depth is sufficient to absorb the selling pressure, and pointed out that the current stablecoin scale on the Cardano chain is only $33 million, which has endangered the development of the ecosystem. (CryptoSlate)