Charles Hoskinson, the founder of Cardano, has confirmed that XRP will be integrated into Cardano's Lace Wallet, allowing users to store and manage their XRP alongside ADA and BTC.¹ This update is part of Cardano's efforts to expand its ecosystem and provide more functionality to its users.
In addition to the wallet integration, Hoskinson also announced that XRP holders will be eligible for Cardano's upcoming Midnight (NIGHT) airdrop. The airdrop is part of Cardano's new privacy project, which aims to provide secure and private transactions. The NIGHT airdrop will reach 37 million users across eight blockchains, including Bitcoin, Ethereum, Cardano, and XRP Ledger.
Hoskinson also mentioned that discussions with RLUSD are ongoing, which could lead to Cardano supporting Ripple's fiat-backed stablecoin. Furthermore, he announced that Flare Network plans to bring its oracle services to Cardano, expanding the partnership beyond Ripple.
However, the collaboration with Chainlink has been delayed due to codebase issues. Chainlink is working on a new framework for integration, but the process has been delayed several times.
Overall, these updates demonstrate Cardano's commitment to expanding its ecosystem and providing more functionality to its users. The integration of XRP into the Lace Wallet and the eligibility of XRP holders for the Midnight airdrop are significant developments that could benefit both Cardano and XRP users.
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