Hoskinson urges Ripple to integrate Midnight to expand XRP DeFi

Hoskinson urges Ripple to plug XRPL into Midnight. He says this could unlock $100B of idle XRP for DeFi and tokenization.

He made the pitch in a recent interview, shared by BSCNews on June 10, 2026. Source: BSCNews tweet.

His case is simple. XRPL excels at payments. It lacks programmable DeFi for yield and on‑chain lending. Midnight, a privacy sidechain by IOG, could add a zero‑knowledge environment without rewriting XRPL. Interview clip.

There is no public integration deal. No roadmap announced. Coinspeaker.

The $100B figure is his estimate. It effectively reframes market cap as “unlockable” liquidity and needs independent validation. Source. Coinspeaker.

XRPL’s DeFi footprint is trackable on DefiLlama. DefiLlama: XRPL overview.

Institutions want privacy and compliance. Hoskinson argues Midnight’s ZK model enables selective disclosure for regulated finance. Independent testing versus XRPL’s existing controls is not yet public. Coinspeaker.

Key points for investors:
- Proposal targets DeFi on a privacy layer via wrapped XRP on Midnight source
- Claimed unlock is $100B in idle XRP liquidity source
- No announced partnership or technical roadmap Coinspeaker
- Institutional angle hinges on ZK privacy; benefits over XRPL’s current setup remain unverified Coinspeaker