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06/17 13:55

Cardano Enhances Ties with XRP In a move highlig

Cardano Enhances Ties with XRPa36fc97345c049babd52899aca6458e5.jpeg

In a move highlighting new collaborations, Charles Hoskinson, founder of Cardano, revealed plans for integrating XRP and assets related to Ripple into the Cardano ecosystem. Responding to inquiries about the inclusion of Ripple’s stablecoin RLUSD, Hoskinson shared an extensive integration package that includes initiatives such as Glacier Drop, support for the Lace Wallet, XRP’s role in DeFi, and discussions on RealUSD. This substantial step signifies a shift towards collaboration, especially following past disagreements with the XRP community.

What’s in the Cardano-XRP Integration?

The initiative underscores Cardano’s significant support for XRP with the introduction of Glacier Drop, an ambitious multi-chain AirDrop orchestrated by Midnight, Cardano’s privacy-centric blockchain. Launched during the Consensus 2025 event held in Toronto, this AirDrop program targets approximately 37 million blockchains, including the XRP Ledger. However, it’s designed for individual users, who stand to benefit from this distribution.

Under the Glacier Drop plan, two distinct altcoins will be distributed by Midnight: NIGHT, a governance token, and DUST, which emphasizes privacy. To participate, XRP holders must secure their coins in compatible wallets, thereby reinforcing the connection between Cardano and the XRP Ledger.

Will Lace Wallet Support Enhance User Experience?

Yes, as Cardano’s lightweight multi-chain wallet, often known as Lace Wallet, is gearing up for XRP support. This update facilitates sending, receiving, and storing XRP alongside assets like ADA and Bitcoin (BTC) within the Lace Wallet, thereby elevating user interaction between the major altcoin communities.

Furthermore, Hoskinson has expressed enthusiasm for Ripple’s stablecoin, RLUSD, launched in December. While currently operating on Ethereum and the XRP Ledger, RLUSD may eventually join the Cardano network, portraying a movement towards cooperative dynamics in the crypto industry

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