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Cardano Founder Discusses Ripple USD Integration And USDC Deal Failure
- IOG CEO and Cardano founder, Charles Hoskinson, refuted allegations that IOG was at fault for the Cardano Foundation’s (CF) past decision regarding a USDC integration and instead pointed at the CF’s past mistakes.
- Hoskinson underscored the community’s desire for stablecoin support and said that if no stablecoin solution materializes, Cardano’s future is at risk.
- Jane, a user on X, suggested a stablecoin collaboration between Ripple and Cardano.
- Hoskinson confirmed that progress is already underway: “Jane, we’ve already had a call with the RLUSD people. We are actively talking.”
- Hoskinson also revealed that discussions with Ripple were in the “early days,” hinting at a plan to include Ripple’s infrastructure in Cardano’s upcoming privacy-focused sidechain, Midnight.
- Hoskinson and Ripple CTO David Schwartz have engaged in technical discussions to determine how each platform could benefit.
- Formal partnerships typically require patience, Hoskinson noted.
- The ongoing conversation drew attention to unresolved tensions between Hoskinson, the CF, and various members of the community.
- The discussion also highlighted Cardano’s potential collaborations with Ripple.
- At press time, ADA traded at $0.92.
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