front pageAltcoinsIs Charles Hoskinson working with Ripple on a stablecoin project?

Is Charles Hoskinson working with Ripple on a stablecoin project?

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Yerevan (CoinChapter.com) – Cardau founder Charles Hoskinson shared insights from his ongoing discussions with Ripple. He specifically highlighted the potential of the Ripple USD (RLUSD) as a multi-chain asset, calling it a major achievement for the XRP ecosystem.

Additionally, Hoskinson revealed that his conversations with Ripple CTO David Schwartz and CEO Brad Garlinghouse focused on exploring technical and business opportunities. These discussions specifically revolved around the possibility that RLUSD could be integrated into the Cardano blockchain, highlighting the mutual benefits between the two ecosystems.

According to Hoskinson, these discussions are part of a broader effort to support the success of RLUSD, which he believes is critical to the XRP ecosystem. He acknowledged the mutual benefits of making RLUSD accessible on multiple blockchain platforms, including Cardano.

Charles Hoskinson Highlights Kardow’s Governance Progress on RLUSD Integration

Cardau's progress in decentralized governance makes it a strong candidate to host RLUSD. Since the launch of the Voltaire era on September 1, Cardau has introduced a governance model involving D representatives, a constitutional committee, and stake pool operators. The structure is designed to effectively distribute decision-making responsibilities.

The recent Cardau Constitutional Conference, held in Argentina and Kenya, brought together 63 delegates from 50 countries. Participants debated and adopted a constitution to guide blockchain governance. The conference highlighted Cardau’s readiness to support complex collaborations such as RLUSD.

Additionally, Cardau’s on-chain treasury holds approximately $2 billion, providing financial resources for its governance and development initiatives.

RLUSD’s multi-chain expansion

Ripple's RLUSD stablecoin aims to improve liquidity within the XRP ecosystem. Expanding it to other blockchains could enhance its adoption and usability. Charles Hoskinson has expressed support for making RLUSD a multi-chain asset, which is consistent with Cardau's goals of decentralization, scalability, and security.

Integrating RLUSD with the Cardano infrastructure could expand the stablecoin’s reach while highlighting the benefits of an interoperable blockchain ecosystem.

Kardow’s Scaling Vision: Privacy Solutions and Metaverse Innovation

In the interview, Charles Hoskinson explored topics beyond the potential integration of Ripple Dollar (RLUSD) and Cardano, providing deeper insights into the vision for the evolution of the network. He discussed the Midnight project, which aims to introduce a privacy layer for smart contracts, enabling selective disclosure.

The initiative aims to meet compliance requirements for real-world assets while protecting user confidentiality, making Cardau attractive to institutional players seeking secure solutions for sensitive data.

Hoskinson also outlined his vision for metaverse gaming, leveraging advanced technologies such as brainwave mining, quantum random number generators, and DishBrain computing. These innovations are designed to create immersive gaming experiences by enhancing NPC behavior and interactivity, expanding Cardau’s use cases beyond blockchain finance.

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