Charles Hoskinson envisions a future where DeFi expands into the Bitcoin and XRP ecosystems, with Cardano acting as a bridge.
Hoskinson highlighted the potential of Bitcoin DeFi, citing upgrades like Taproot and the need for companion networks like Cardano for transaction processing.
He emphasized the architectural similarities between Cardano and Bitcoin, pointing out the efficiency of the UTXO model used by both.
Additionally, Hoskinson proposed integrating XRP Ledger with Cardano to enable smart contract functionality for XRP users, potentially opening the gates for institutional investment in ADA.