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Cardano Plans to Integrate XRP into Its DeFi Ecosystem

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by Giorgi Kostiuk

5 hours ago


Cardano Founder Charles Hoskinson spoke about the potential integration of XRP into the Cardano ecosystem, highlighting promising opportunities for users and developers.

Integration of XRP into the DeFi Platform

During a recent discussion, Hoskinson noted that a comprehensive XRP package for the Cardano network is being developed not only in the context of the new stablecoin RLUSD, which is being integrated into Cardano's DeFi system. The package will include XRP's integration directly into the decentralized financial layer of Cardano.

Support for Lace Wallet and New Opportunities

Hoskinson also confirmed the support of the official Cardano Lace wallet, which will make it easier for users to manage their tokens. Furthermore, the full inclusion of RealUSD is being considered, opening new possibilities for users. He mentioned the new concept of Glacier Drops, representing a strategically planned release of tokens and features.

Strategy and Prospects of Integration

Hoskinson emphasized that Cardano could become the main DeFi platform for the entire XRP ecosystem, offering users opportunities for lending, borrowing, and earning. This move could attract new users and developers, especially from the XRP community, aligning with Cardano's broader aim of fostering an open and interconnected blockchain environment.

Hoskinson's statements affirm Cardano's interest in collaborating with other networks and major assets like XRP and RLUSD, potentially expanding the DeFi ecosystem and attracting the attention of new users.

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