Cardano founder Charles Hoskinson recently provided updates on his discussions with Ripple during an AMA session. His remarks, shared by The Angry Crypto Show on X, have sparked intrigue within the crypto community.
Last month, Hoskinson held a pivotal meeting with Ripple’s leadership, including CEO Brad Garlinghouse and CTO David Schwartz. The talks centered around potential collaborations, including the integration of Ripple’s RLUSD stablecoin within the Cardano ecosystem.
RLUSD: Expansion Beyond Ethereum and XRPL
Ripple’s RLUSD stablecoin, launched earlier this month, is currently operational on Ethereum and the XRP Ledger (XRPL). Hoskinson revealed that Ripple’s team is still recovering from RLUSD’s intensive launch phase but remains optimistic about expanding to other blockchains.
While Ripple has not disclosed a specific timeline or identified the next blockchains for integration, Hoskinson expressed confidence that RLUSD could debut on additional networks by next year, with Cardano emerging as a potential contender.
JUST IN: #Cardano $ADA Founder Charles Hoskinson says "Ripple has been easy to work with. We also met with the $RLUSD people. We're really proud of them. I do believe (RLUSD) will add other chains. There's no reason for us not to work together." #XRP $XRP pic.twitter.com/EBcPz4SkRL
— Angry Crypto Show (@angrycryptoshow) December 27, 2024
Ripple and Midnight: Privacy Meets Innovation
Hoskinson also outlined his vision for Ripple’s involvement in Midnight, a privacy-focused sidechain within the Cardano ecosystem. Ongoing discussions between the Ripple and Midnight teams signal a promising avenue for collaboration.
Moreover, Hoskinson highlighted Cardano’s Marlowe, a domain-specific language for financial contracts, as a potential asset for Ripple. He emphasized that while a formal partnership takes time to develop, these technical discussions mark a crucial first step.
Building Toward a Cardano-Ripple Synergy
The recent engagements suggest growing synergy between Cardano and Ripple, with both teams exploring shared technological advancements. Hoskinson remains optimistic about future collaborations, hinting that further integrations could strengthen the ecosystems of both projects.
Also Read: Cardano (ADA) Faces $1 Barrier, Can It Overcome 4.3 Billion ADA Sell Wall?
This budding relationship not only underscores Ripple’s commitment to expanding RLUSD’s footprint but also positions Cardano as a frontrunner in Ripple’s blockchain expansion plans. Crypto enthusiasts will be closely watching how this collaboration unfolds, potentially paving the way for transformative innovations in the blockchain sector.
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.
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