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Cardano’s Lace Wallet will soon integrate XRP, according to founder Charles Hoskinson. Speaking during a recent YouTube session, Hoskinson confirmed plans to allow users to store, send, and receive XRP directly within the Lace platform — marking a pivotal expansion beyond Cardano’s native assets.
Cardano founder announces plans to add XRP support to its native wallet@Cardano $ADA founder Charles Hoskinson announced plans to add XRP support to its ecosystem’s native wallet Lace during a "Surprise AMA" session on YouTube, according to The Crypto Basic. During the…
— CoinNess Global (@CoinnessGL) April 25, 2025
This development highlights Cardano’s commitment to building a full-featured, multi-chain wallet. Originally supporting only Cardano-based tokens, Lace added Bitcoin functionality in 2023. Now, XRP joins the roadmap, reinforcing Cardano’s broader strategy of seamless cross-chain operations.
Notably, this integration also reflects improved relations between Ripple and Cardano’s Input Output Global (IOG) team. Once competitors with strained ties, the two blockchain giants now show signs of collaboration. Ripple’s recent support for Hoskinson’s participation in one of its events underlines a shared vision: fostering greater interoperability across the cryptocurrency ecosystem.
Hoskinson revealed that XRP support for Lace Wallet is under active development, though an official launch date remains unspecified. However, the move is already generating excitement, especially with the upcoming Midnight (NIGHT) token airdrop. Midnight — Cardano’s privacy-focused blockchain platform — plans to airdrop tokens to XRP holders, aiming to engage an estimated 37 million users across multiple ecosystems.
The decision to extend the airdrop to XRP users underscores Cardano’s efforts to build bridges beyond its traditional community. It not only boosts Cardano’s visibility among other blockchain networks but also sets the tone for a more inclusive, cooperative crypto landscape.
Also Read: Ethereum vs. Cardano: Hoskinson Predicts ETH Collapse—Can Scroll Save the Day?
As Lace Wallet continues its evolution from a Cardano-only product to a true multi-chain solution, the platform is positioning itself at the forefront of the Web3 era. The addition of XRP expands the wallet’s capabilities and enhances user flexibility, offering a more unified experience for managing assets across different blockchains.
Cardano’s strategic pivot toward collaboration signals a maturing industry ethos — one where interoperability and user-centric innovation drive the future. With Lace Wallet leading the way, Cardano is poised to strengthen its role in shaping the next chapter of decentralized finance.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
I’m your translator between the financial Old World and the new frontier of crypto. After a career demystifying economics and markets, I enjoy elucidating crypto – from investment risks to earth-shaking potential. Let’s explore!
