Hoskinson Breaks Silence With XRP Talks: The Integration Rumors Heat Up - Crypto Data Space

Hoskinson Breaks Silence With XRP Talks: Is It a Game-Changer for Cardano?

In an unexpected development, Charles Hoskinson, a co-founder of Cardano, revealed that he had a wonderful discussion about incorporating XRP into the Cardano ecosystem with Brad Garlinghouse, the CEO of Ripple. A turning point in the cryptocurrency industry might be marked by this possible partnership, which could fundamentally alter the dynamic between these titans of the blockchain.

Given the history of animosity between Hoskinson and the XRP community, this news is unexpected. Indeed, the founder of Cardano had previously denounced personal assaults by some members of the XRP community, especially in relation to the conspiracy theory known as “ETHGate.”

Web3 Adoption Accelerates as Cardano Brings XRP Into Its Wallet

But in 2024, things appear to have changed significantly. In addition to choosing to defuse tensions, Hoskinson has stated that he supports adding XRP to the strategic reserves of the United States. The two blockchain ecosystems may have new opportunities for collaboration as a result of this strategic change.

The announcement that the XRP token will be implemented in Cardano‘s multichain wallet, Lace, is among the most notable aspects of this new age of cooperation between Cardano and Ripple. Lace is advancing blockchain interoperability, a crucial concern for Web3 adoption, after first being created to support ADA and BTC.

Hoskinson Confirms XRP Support: Major Upgrade Coming to Lace Wallet

XRP functionality will be added by the end of 2025 to Lace, the flagship wallet of the Cardano ecosystem created by IOG. In an increasingly competitive Layer 1 blockchain ecosystem, this integration represents a strategic partnership that strengthens the resiliency of both initiatives, going well beyond a mere technical detail. Throughout his participation, Hoskinson also made a suggestion that the Cardano and XRP communities might get together for a single event. He said he might invite John Deaton, a well-known member of the XRP community and a lawyer who has defended token holders, especially during the SEC case.

For more up-to-date crypto news, you can follow Crypto Data Space.

Hoskinson Breaks Silence With XRP Talks: The Integration Rumors Heat Up