Charles Hoskinson, the founder of Cardano, shared new details about the possible integration of XRP and its functions on the Cardano blockchain.
Plans for XRP Integration
Hoskinson responded to a user's inquiry about the availability of the RealUSD stablecoin on Cardano, noting that it is part of a broader integration plan for XRP. His comments referred to an upcoming complete 'XRP package,' which includes DeFi integration, support for the Lace wallet, and 'glacier drops.' While no specific timelines were provided, his reply indicates that high-level discussions are taking place.
The Significance of RealUSD for Cardano
The mention of RealUSD sparked significant interest within the cryptocurrency community. Hoskinson's remarks suggest that RealUSD will be part of a more ambitious plan involving other Ripple-related assets. The term 'glacier drops,' which pertains to a controlled and staggered release of tokens or features, may attract new users.
Strategic Investments in Cardano's Fund
Hoskinson also addressed plans to enhance and grow Cardano's decentralized Sovereign Wealth Fund (SWF). During a podcast, he raised the possibility of investing a portion of the Cardano treasury into various assets, including stablecoins and Bitcoin, aiming to mitigate risks and create long-term yields.
The integration of XRP, RealUSD, and strategic investments in Cardano's fund could significantly expand its ecosystem and enhance the platform's competitiveness in the blockchain market.