Charles Hoskinson Discusses Potential Integration of Ripple’s RLUSD Stablecoin with Cardano

Cardano founder Charles Hoskinson has revealed that discussions are ongoing between his team and Ripple regarding the potential integration of Ripple’s RLUSD stablecoin into the Cardano ecosystem. Hoskinson confirmed that the two entities are “actively talking” about possible collaborations, signaling Cardano’s interest in expanding its stablecoin offerings.

The Backdrop: Cardano’s Struggles with Stablecoin Integrations

Hoskinson’s comments come amid growing discussions about Cardano’s failure to integrate major stablecoins like USDC, which is widely used in the crypto space. The Cardano Foundation, based in Switzerland, had a chance to partner with Circle (the issuer of USDC) back in 2021; however, a deal with Circle ultimately fell through, according to Hoskinson.

The RLUSD Stablecoin

The RLUSD stablecoin, launched by Ripple in December 2024, has already gained some traction. It is now listed on exchanges such as Bitstamp and Bullish, with Ripple’s President, Monica Long, indicating that additional exchange listings are expected soon. The RLUSD aims to serve as a key stablecoin in the growing ecosystem of Ripple’s blockchain, which could expand to other platforms, including Cardano.

Hoskinson’s Position on IOG Funding Ecosystem Initiatives

Despite his willingness to explore partnerships, Hoskinson clarified that IOG (Input Output Global, the parent company behind Cardano) will not directly fund initiatives for ecosystem growth like stablecoin integrations. He emphasized that IOG’s private profits should not be considered “the people’s money” and expressed reluctance to use the company’s funds for projects that may not align directly with Cardano’s long-term vision.

For now, Cardano’s focus appears to remain on expanding and improving its native offerings while keeping an open door to partnerships that can enhance the ecosystem.