Hoskinson Confirms XRP Integration Into Cardano’s Lace Wallet

In a notable shift that signals increasing collaboration between two previously rival blockchain communities, Charles Hoskinson, the founder of Cardano and CEO of Input Output Global (IOG), has announced upcoming support for XRP within Cardano’s native Web3 wallet, Lace. This revelation, made during an extended YouTube “Surprise AMA,” reflects an important milestone in improving interoperability and easing tensions between the Cardano and Ripple ecosystems. XRP Integration Coming to Lace Wallet Lace, launched on the Cardano mainnet in April 2023, began as a secure and advanced wallet for Cardano-native tokens, primarily supporting ADA and other assets built on the Cardano blockchain. However, Hoskinson has outlined the next evolution of Lace—becoming a truly multi-chain wallet. In a significant step toward that goal, he disclosed that XRP support is in the pipeline. This new feature will enable users of the XRP Ledger (XRPL) to hold, send, and receive XRP directly through the Lace interface. While Hoskinson did not provide an exact launch timeline for this functionality, the announcement itself confirms that the development is underway and the relationship between Cardano and Ripple is warming. From Competition to Cooperation: Cardano and Ripple The broader implications of this move go beyond technical integration. Hoskinson responded to a community question about the current state of relations between his team and Ripple, noting that interactions between IOG and Ripple have become more constructive. He emphasized that prior differences appear to have been resolved, opening the door to fruitful collaboration. Further cementing this newly formed rapport, Hoskinson disclosed that Ripple’s Chief Technology Officer, David Schwartz, extended an invitation for him to speak at an upcoming Ripple-hosted event. Though details about the event remain limited, the invitation suggests an increasing level of trust and respect between the two blockchain pioneers. XRP Holders Included in Midnight Token Airdrop In addition to wallet support, Hoskinson confirmed that XRP holders will also benefit from Cardano’s upcoming Midnight token airdrop . Midnight is a privacy-centric blockchain project designed to enable decentralized apps to operate securely while preserving user confidentiality. It is built with two native assets: NIGHT, which governs the protocol, and DUST, which facilitates privacy-focused transactions. According to Hoskinson, XRP users, alongside millions from seven other blockchain networks, will be eligible for the distribution of NIGHT tokens. This airdrop is expected to reach a user base of roughly 37 million individuals. The airdrop reinforces the message that Cardano is embracing cross-chain inclusion as it builds out its decentralized ecosystem. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 A Broader Vision for Lace and the Cardano Ecosystem In recent months, the Lace development team has steadily transformed the wallet into a multi-asset gateway. Just last month, support for Bitcoin was added, allowing users to manage BTC alongside their ADA holdings. Now, with XRP integration in development, the wallet is progressing toward becoming a central hub for users managing assets across different blockchain platforms. This evolution aligns with Cardano’s larger strategic aim—building seamless bridges between once-siloed blockchain networks and expanding the ecosystem’s utility and reach. A New Chapter for Cardano and Ripple The developments shared by Hoskinson during his three-hour AMA suggest a genuine pivot toward collaboration, inclusivity, and technical versatility. By embracing XRP within the Lace wallet and including XRP holders in its most anticipated airdrop, Cardano is reaching across blockchain boundaries and inviting new communities into its fold. As relations between Ripple and Cardano continue to thaw, both platforms seem poised to benefit from shared infrastructure and mutual support. Whether through RLUSD or Midnight or Lace’s expanding functionality, the momentum appears to favor cooperation over competition. This moment could mark the beginning of a powerful alliance between two of the most influential players in the blockchain space. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Hoskinson Confirms XRP Integration Into Cardano’s Lace Wallet appeared first on Times Tabloid .

Source: TimesTabloid