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Cardano and Ripple Collaborate on XRP Integration into Lace Wallet

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by Giorgi Kostiuk

6 hours ago

Key events: the integration of XRP into Cardano's Lace wallet and a successful Midnight airdrop distributing over 1.6 billion tokens.

Plans for XRP Integration into Lace Wallet

Charles Hoskinson, the founder of Cardano, announced plans to integrate XRP into the Lace wallet by the end of the year. This follows a successful multi-chain Midnight airdrop involving major cryptocurrencies.

Collaboration of Hoskinson and Garlinghouse

The collaboration between Cardano and Ripple aims to enhance interoperability between their ecosystems. Charles Hoskinson and Brad Garlinghouse focus on XRP's integration, potentially increasing liquidity and institutional interest.

Impact on the Market and Crypto Community Dynamics

This collaboration has received positive feedback from the crypto community, with expectations for enhanced liquidity and institutional trust. The integration of XRP may also lead to increased dApp development on the Cardano platform and Ripple's engagement in DeFi.

The integration of XRP into the Lace wallet may significantly influence market dynamics and the crypto community, as well as increase cross-chain asset support.

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