Charles Hoskinson, the founder of Cardano, commented on the potential for collaboration between his platform and Ripple, emphasizing the importance of uniting efforts for the growth of decentralized finance (DeFi).
Significance of Collaboration in DeFi
Hoskinson noted that the future of DeFi lies in collaboration between various blockchains rather than competition. He mentioned a recent video where he discussed the potential for engaging with other major networks, including XRP.
Meeting with Brad Garlinghouse
During his remarks, Hoskinson highlighted the importance of his interaction with Brad Garlinghouse, the CEO of Ripple Labs. "I was just with Brad Garlinghouse at a round table with the Federal Reserve at the Salt Conference in Jackson. We got along really well and said, 'Hey, we need to talk more,'" said Hoskinson.
Strategic Goals of Cardano
According to Hoskinson, Cardano aims to become an infrastructure layer for DeFi external ecosystems, such as Bitcoin and XRP, which lack native smart contract capabilities. He emphasized that "to service all the needs of Bitcoin DeFi and XRP DeFi, we must work together."
Thus, Charles Hoskinson emphasizes the importance of partnership and collaboration in the DeFi space, which may lead to new opportunities and enhancement of ecosystems for all participants.
