Cardano Discusses Integration of Ripple’s RLUSD Stablecoin
Charles Hoskinson, founder of Cardano, confirmed ongoing discussions to integrate RLUSD, Ripple’s newly launched stablecoin, into the Cardano blockchain. Key points include:
- RLUSD is a regulatory-approved stablecoin launched in December.
- Integration could enhance Cardano's DeFi ecosystem and boost visibility.
- Cardano currently has stablecoins USDM and Djed.
- Hoskinson emphasized the need for a strong stablecoin ecosystem within Cardano.
- Ripple aims to challenge leading stablecoins by expanding RLUSD’s adoption.
- Discussions are optimistic but no formal agreement has been made yet.
- Potential integration may stabilize ADA’s value amid recent price fluctuations.
This collaboration could strengthen both ecosystems and drive broader crypto adoption.