Cardano founder Charles Hoskinson recently revealed that talks between Cardano and Ripple executives have progressed significantly. Hoskinson shared details of his discussions with Ripple’s Brad Garlinghouse and David Schwartz in an interview on the Big Pey YouTube channel. He emphasized the positive shift in their relationship, noting that past tensions have given way to more productive conversations.
The discussions centered around how both ecosystems could collaborate to drive innovation in the blockchain space. Hoskinson highlighted Cardano and Ripple’s unique roles, suggesting their cooperation could help promote wider blockchain adoption. The talks explored potential synergies that could benefit networks and the broader cryptocurrency community.
Also Read: Why RLUSD Matters for Ripple and the Future of Finance
Midnight and Marlowe: Key Components in Potential Collaboration
A major focus of the discussions was Cardano’s Midnight sidechain and the Marlowe platform. Midnight, a privacy-focused sidechain, uses a dual-token system with NIGHT for transactions and DUST for governance.
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Hoskinson proposed that XRP could be integrated into this sidechain as a third token, enhancing its utility as a supplementary transaction token. Though still in the early stages, this integration could provide added functionality to both ecosystems.
Additionally, Hoskinson mentioned that Ripple’s XRP might align better with Cardano’s Marlowe platform for creating smart contracts than Cardano’s native token, ADA. This alignment could offer new opportunities to leverage XRP’s unique features in building smart contracts.
Hoskinson also expressed interest in Ripple’s upcoming stablecoin, RLUSD, which the New York Department has approved for financial services. He suggested that Cardano could play a role in the stablecoin’s future deployment, possibly supporting RLUSD on its blockchain after its initial launch on XRP Ledger and Ethereum.
These discussions come after Hoskinson’s public apology to the XRP community in November, signaling a new phase of cooperation between the two projects. Though no official agreements have been made, the talks indicate a potential partnership that could benefit Cardano and Ripple.
Also Read: Charles Hoskinson Drives Cardano’s Global Blockchain Initiatives
Maxwell Mutuma
Maxwell is a crypto-economic analyst and Blockchain enthusiast, passionate about helping people understand the potential of decentralized technology. He writes extensively on topics such as blockchain, cryptocurrency, tokens, and more for top publications such as Coingape, Coin Edition, and The Coin Republic. His goal is to spread knowledge about this revolutionary technology and its implications for economic freedom and social good.