Cardano founder Charles Hoskinson has outlined plans to pursue partnerships with major protocols, including Aave, Chainlink, and World Liberty Financial’s USD1 stablecoin.

In an Aug. 31 Ask Me Anything (AMA) session, Hoskinson argued that such integrations are crucial for strengthening Cardano’s ecosystem and ensuring the blockchain remains competitive in the industry.

He said:

“I’d like USD-1, I’d like Aave, I’d like Chainlink. There’s a bundle there, and we’re working our way through what that means and how to do it.”

Why these partnerships matter for Cardano

USD1 is the stablecoin project developed under World Liberty Financial, a DeFi initiative backed by US President Donald Trump.

Despite launching recently, the asset has risen to become the sixth-largest stablecoin by market capitalization and has already seen significant institutional adoption through deals involving Binance and Bullish exchange.

Considering this, such an integration would bring liquidity and credibility to Cardano’s stablecoin and DeFi markets, which have struggled significantly over the years.

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Author: Oluwapelumi Adejumo