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Charles Hoskinson shared his positive experience engaging with Ripple’s team, highlighting potential collaborations between Cardano and Ripple. Ripple’s RLUSD stablecoin may expand to Cardano next year, with discussions already underway about its integration. Recently, Cardano’s founder, Charles Hoskinson, revealed details of his recent meetings with Ripple and the possibility of interoperability between the two blockchain networks. According to Hoskinson, during an AMA session, he had a good and promising discussion with Ripple’s team regarding future collaborations. Hoskinson also shared some details about his interactions with Ripple, specifically with the creators of RLUSD, the recently launched stablecoin by Ripple. Presently tradeable on Ethereum and the XRP Ledger, RLUSD plans to list on other blockchain platforms. Hoskinson stated that Cardano could be part of those networks in 2024 and said that working with Ripple’s team is a pleasure. JUST IN: #Cardano $ADA Founder Charles Hoskinson says “Ripple has been easy to work with. We also met with the $RLUSD people. We’re really proud of them. I do believe (RLUSD) will add other chains. There’s no reason for us not to work together.” #XRP $XRP pic.twitter.com/EBcPz4SkRL — Angry Crypto Show (@angrycryptoshow) December 27, 2024 According to Hoskinson, the RLUSD developers are now working on the recovery following a difficult beginning. Although Ripple has not announced the plan of stablecoin and its development in detail, Hoskinson expressed confidence in the prospects for the stablecoin in the Cardano ecosystem. He said, “There is no reason for us not to work together,” showing the possibilities of RLUSD in the Cardano DeFi ecosystem. Prospects for Ripple Integration into the Midnight Ecosystem Apart from the discussion on RLUSD, Hoskinson also mentioned that Ripple may become part of Cardano’s Midnight ecosystem. Midnight is a privacy-focused sidechain developed to promote secure transaction and data privacy. Hoskinson said that the talks…

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Filed under: News - @ December 29, 2024 9:15 am