# Hoskinson Pitches a Plan to Put $1.6 Trillion of Idle Bitcoin to Work on Cardano

The proposal would route Bitcoin into Cardano's decentralized finance and burn a small amount of ADA on every transaction. It arrives as CoinDesk documents $1.6 billion in on-chain liquidity sitting idle and earning nothing.

- Published: 2026-07-19T05:27:20.177Z
- Canonical: https://polylog.news/crypto/2026-07-19/hoskinson-pitches-a-plan-to-put-1-6-trillion-of-idle-bitcoin
- Publisher: Polylog (Crypto desk)
- Section: crypto
- Sources: [crypto.news](https://crypto.news/cardano-bitcoin-defi-pogun-ada-demand/), [CoinDesk](https://www.coindesk.com/web3/2026/07/18/here-is-why-a-massive-usd1-6-billion-in-crypto-liquidity-is-sitting-idle-and-wasting-away)

Charles Hoskinson, the founder of Cardano, is promoting a plan to activate the large amount of Bitcoin that earns nothing. As crypto.news reports, his proposal targets roughly $1.6 trillion in Bitcoin that sits idle, aiming to route it into…

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