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Home » Cardano and XRP Announce New Collaborative Ventures

Cardano and XRP Announce New Collaborative Ventures

By adminJun. 16, 2025No Comments2 Mins Read
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Cardano and XRP Announce New Collaborative Ventures
Cardano and XRP Announce New Collaborative Ventures
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Charles Hoskinson, founder of Cardano


$

0.647235, has announced new developments related to integrating XRP and Ripple

$ 2-associated assets into the Cardano ecosystem. When asked about the potential inclusion of Ripple’s stablecoin, RLUSD, in Cardano, Hoskinson revealed extensive plans already in motion for an XRP integration package. This includes Glacier Drop, Lace Wallet support, XRP DeFi, and RealUSD discussions, marking a significant collaboration step following previous disagreements between Hoskinson and the XRP community.

Exploring the Cardano and XRP Integration Package

Hoskinson’s announcement signals substantial XRP support within the Cardano ecosystem. Glacier Drop is a multi-chain AirDrop coordinated by Midnight, Cardano’s privacy-focused blockchain. Announced at the Consensus 2025 event in Toronto, this program targets approximately 37 million blockchains, including the XRP Ledger. However, only individual users will be able to benefit from this AirDrop distribution.

Under Glacier Drop, Midnight will distribute two different altcoins: NIGHT (a governance coin) and DUST (a privacy-focused coin). XRP holders need to store their coins in suitable wallets to qualify for this AirDrop. This initiative aims to strengthen the ties between Cardano and the XRP Ledger.

Lace Wallet Support and RLUSD Collaboration Possibilities

Hoskinson also confirmed that Cardano’s lightweight, multi-chain wallet, Lace Wallet, will soon support XRP. This update will allow users to send, receive, and store XRP alongside other assets like ADA coins and Bitcoin (BTC)

$ 106,719 via Lace Wallet, thereby enhancing user experience between two major altcoin communities.

In addition, Hoskinson expressed strong support for Ripple’s stablecoin, Ripple USD (RLUSD), launched in December. Currently working on Ethereum (ETH)

$ 2,629 and the XRP Ledger, RLUSD might be added to Cardano’s network in the future. Hoskinson’s statements highlight a shift towards greater collaboration and minimal competition in the crypto industry.

New DeFi Opportunities for XRP in Cardano

XRP’s integration into Cardano might pave the way for new decentralized finance (DeFi) use cases, such as lending and borrowing. This implies inclusion of XRP into Cardano’s burgeoning DeFi ecosystem. Hoskinson mentioned the possibility for Cardano to offer “fantastic” DeFi tools for XRP by the end of 2024. A critical infrastructure step was achieved in February with the launch of the Wanchain bridge, connecting XRP to Cardano.

Hoskinson has also suggested diversifying their ADA coin holdings by incorporating stablecoins and Bitcoin. This move is designed to introduce Bitcoin to Cardano’s DeFi ecosystem and establish a multi-asset treasury model.

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