Cardano founder Charles Hoskinson confirmed today that the blockchain is considering integrating RLUSD, Ripple’s new stablecoin.

Since its launch in December, RLUSD has gained considerable publicity for its efforts to become a leading stablecoin. Integration with a DeFi ecosystem like Cardano could supercharge its usage and notoriety.

Cardano In Talks With Ripple

Charles Hoskinson, founder of Cardano, revealed these talks with Ripple in a heated social media discussion. RLUSD received US regulatory approval less than a month ago, but it’s already making a big splash in the crypto space.

It integrated Chainlink Standard last week, and now it’s building a new partnership:

“If there is a reasonable path to integrating RLUSD, I’ll try to cover it as a gift to the ecosystem. Cardano needs a solid stablecoin ecosystem from USDM and Djed to RLUSD. We’ve already had a call with the RLUSD people. We are actively talking,” Hoskinson claimed.

Ripple has been gathering goodwill in several sectors of the crypto industry, and this Cardano relationship might be another fruit of it.

The company gained global exchange support for RLUSD before launch, and this new stablecoin was used in a high-profile charity action two days ago. Hoskinson Go to Source to See Full Article
Author: Landon Manning