Founder of Cardano confirms integration of XRP and airdrop for Ripple token holders.
Cardano will enable support for XRP in Lace Wallet, enhancing the experience for Ripple users.
Last month, Lace Wallet incorporated Bitcoin (BTC), expanding the integration between blockchains.
XRP holders will be able to receive the Midnight (NIGHT) token as part of a multi-chain airdrop.
In a recent AMA (Ask Me Anything) session on YouTube, Charles Hoskinson, the founder of Cardano, revealed news that generated great excitement in the cryptocurrency community. Cardano, through its custodial-free Web3 wallet Lace Wallet, will integrate XRP, the native token of the Ripple blockchain.
This new functionality will allow users to store, send, and receive XRP directly from the Cardano wallet, marking an important step towards consolidating Lace Wallet as a multi-chain solution.
Lace Wallet expands with the Ripple token.
Lace Wallet, initially launched in April 2023, started as a wallet designed to support only native assets of Cardano, such as ADA. However, the development team behind Lace has worked hard to expand its capabilities and add support for other blockchains.
Last month, the wallet incorporated Bitcoin (BTC), allowing Cardano users to store and manage their BTC in one place as well.
Now, with the integration of XRP, Ripple network users will have access to a more robust wallet solution, without the need to rely on external applications.