Cardano Creator Now Fights for XRP. Here’s What Happened
A rare and revealing confrontation on X has ignited fresh debate about who is truly building for the future of global finance. In an industry often defined by tribal rivalries, one of crypto’s most outspoken founders unexpectedly defended a long-time rival, drawing sharp reactions from institutional blockchain advocates and refocusing attention on utility over narrative. […]
A rare and revealing confrontation on X has ignited fresh debate about who is truly building for the future of global finance. In an industry often defined by tribal rivalries, one of crypto’s most outspoken founders unexpectedly defended a long-time rival, drawing sharp reactions from institutional blockchain advocates and refocusing attention on utility over narrative.
The exchange began after Cardano founder Charles Hoskinson criticized legacy finance initiatives attempting to replicate blockchain innovation within permissioned systems.
His remarks quickly escalated into a public clash with Canton Network CEO Yuval Rooz, turning the discussion into a broader argument about scale, credibility, and readiness for the coming tokenization boom.
Hoskinson Challenges Canton’s Vision
Hoskinson aimed for Canton Network’s approach to real-world asset infrastructure, arguing that traditional finance is “reinventing” capabilities that already exist on public blockchains.
🚨 JUST IN: #Cardano Co-Founder Charles Hoskinson Clashes With #Canton Network CEO Yuval Rooz Over $XRP already doing at a scale 100x beyond Canton ambitions. pic.twitter.com/mkZCZuYZCm
— RippleXity (@RippleXity) December 27, 2025
He specifically highlighted the XRP Ledger and Cardano’s Midnight sidechain, asserting that both are already delivering financial settlement and privacy features at “100x” the scale of Canton’s ambitions.
Framing the debate around the projected $10 trillion real-world asset market, Hoskinson emphasized that success in tokenization requires more than partial solutions. According to him, only fully integrated, end-to-end blockchain strategies backed by strong communities can meet global demands.
His statement, “You can’t fake Cardano or XRP Nation,” stood out as an unusually direct endorsement of XRP from a historically competing ecosystem.
RippleXity Brings the Exchange to Light
As reported by RippleXity, the comments triggered an immediate response from Yuval Rooz, who dismissed Hoskinson’s claims and questioned Cardano’s real-world impact.
We are on X, follow us to connect with us :- @TimesTabloid1
— TimesTabloid (@TimesTabloid1) June 15, 2025
Rooz challenged Hoskinson to disclose decentralized exchange and DeFi volumes, suggesting that Cardano’s version of “Web3” has primarily benefited retail speculation rather than institutional adoption.
RippleXity framed the exchange as a rare moment where a Cardano founder openly defended XRP’s technological maturity, underscoring how shifting market priorities are blurring old rivalries.
Canton Network and the Institutional Divide
Launched in 2024, Canton Network is a permissioned blockchain supported by major financial institutions such as Goldman Sachs and Deutsche Bank. Its goal is to enable interoperable tokenized assets within regulated environments.
While this design appeals to banks, critics argue it sacrifices the openness and network effects that give public blockchains their global reach. Hoskinson’s critique reflects that tension, suggesting that institutional chains risk lagging by avoiding the very decentralization that enables scale and innovation.
What the Clash Signals for Crypto’s Future
Beyond the personalities involved, the dispute highlights a broader shift in crypto’s evolution. Hoskinson’s praise for XRP shows growing recognition that networks already moving value at scale, like XRP, may be better positioned for institutional finance than newly launched, closed systems.
Hoskinson and Rooz’s clash illustrates a key question for crypto’s next phase: will tokenized finance be built on proven public rails like XRP, or on controlled replicas designed for legacy comfort, as the industry shifts from speculation to infrastructure?
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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I am a passionate and experienced writer with a strong focus on cryptocurrency and the financial landscape. With a keen eye for market trends and emerging financial technologies, I strive to deliver insightful, well-researched content that educates and informs. Whether breaking down complex financial concepts or analyzing the latest market movements, my goal is to make finance accessible and engaging for a wide audience.
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