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Hoskinson Confirms XRP Support in the Cardano Ecosystem – What Does It Mean?

2 mins
Updated by Mohammad Shahid
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In Brief

  • Cardano founder Charles Hoskinson confirmed that the network will fully integrate the XRP ecosystem.
  • Hoskinson highlighted the exploration of XRP-based DeFi solutions including Ripple’s RLUSD stablecoin.
  • This shift underscores Cardano’s renewed focus on openness and collaboration between both networks.
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Cardano founder Charles Hoskinson has confirmed that the network is preparing for a full integration of the XRP ecosystem.

This step signals Cardano’s renewed commitment to interoperability as it looks to boost network activity and engage with broader blockchain communities.

Hoskinson Confirms XRP Integration

On June 14, Hoskinson shared that XRP will soon be supported in Lace Wallet, Cardano’s native wallet application. This will allow users to send, receive, and store XRP alongside other assets such as ADA and Bitcoin.

The integration is part of a wider strategy to enhance the user experience and increase asset diversity within the Cardano ecosystem.

Beyond wallet functionality, the integration could extend into decentralized finance. Hoskinson revealed that Cardano is exploring XRP-based DeFi solutions, including the potential use of Ripple’s RLUSD stablecoin.

If adopted, these tools could improve liquidity and unlock new financial opportunities for Cardano users.

There are also indications that XRP might feature in the upcoming Glacier airdrop, which is connected to Cardano’s privacy-focused Midnight protocol.

The campaign aims to distribute NIGHT and DUST tokens across millions of addresses from multiple blockchain ecosystems.

This collaboration is notable given Hoskinson’s prior tensions with the XRP community.

However, his latest remarks show a desire to move past previous disagreements. He has previously emphasized the importance of industry-wide cooperation and called for less rivalry and more unity across projects.

Cardano is Opening up its Ecosystem

Cardano’s outreach to the XRP ecosystem is part of a broader strategic transformation to increase the network activity and attract external contributors.

Last week, the network introduced Cardinal, a protocol to bridge Bitcoin liquidity into Cardano’s DeFi applications. This initiative allows Bitcoin holders to interact with decentralized apps on Cardano without compromising security.

Hoskinson has also proposed reallocating ADA from the Cardano treasury into stablecoins and Bitcoin. He argued that improving the network’s stablecoin infrastructure would generate yield and strengthen its competitiveness against rivals.

Meanwhile, these efforts reflect a broader shift in Cardano’s development strategy towards becoming more open, flexible, and collaborative.

Market observers said this signals a new phase of growth focused on usability, interoperability, and real-world adoption.

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Oluwapelumi Adejumo
Oluwapelumi Adejumo is a journalist at BeInCrypto, where he reports on a broad range of topics including Bitcoin, crypto exchange-traded funds (ETFs), market trends, regulatory shifts, technological advancements in digital assets, decentralized finance (DeFi), blockchain scalability, and the tokenomics of emerging altcoins. With over three years of experience in the industry, his works have been featured in major crypto media outlets such as CryptoSlate, Coinspeaker, FXEmpire, and Bitcoin...
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