Cardano founder Charles Hoskinson has unveiled plans for comprehensive integration between the Cardano network and the XRP ecosystem, enabling access to XRP-based decentralized finance (DeFi) solutions and fostering cross-chain collaboration.
The integration includes native support for XRP in Cardano’s Lace Wallet, allowing users to send, receive, and store XRP alongside ADA and Bitcoin. Additionally, Cardano will explore incorporating Ripple’s RLUSD stablecoin to enhance liquidity and expand DeFi offerings within its ecosystem.
XRP will participate in the Glacier airdrop connected to Cardano’s privacy-focused Midnight protocol, distributing NIGHT and DUST tokens across multiple blockchains. Simultaneously, Bitcoin liquidity is being integrated via the Cardinal protocol, enabling Bitcoin holders to interact with Cardano’s DeFi applications.
Hoskinson further proposed reallocating portions of Cardano’s ADA treasury funds into stablecoins and Bitcoin. This strategic move aims to improve yield generation opportunities and strengthen the network’s stablecoin infrastructure.