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Hoskinson Teases Ripple Stablecoin Launch on Cardano
In a recent development, Charles Hoskinson, the founder of Cardano, has hinted at the possibility of Ripple stablecoin being launched on the Cardano platform. This announcement comes as a surprise to many in the crypto community, given the ongoing legal battle between Ripple and the US Securities and Exchange Commission (SEC).
During a livestream, Hoskinson praised Ripple’s CTO, David Schwartz, for his outstanding work, specifically highlighting his role in the fight against the SEC. The Cardano founder also commended Ripple’s achievement of milestones despite the legal challenges they have faced.
This development has raised many questions about the potential collaboration between the two ecosystems and what it could mean for their respective users. It is essential to note that any official announcements regarding this topic are still pending, as neither party has publicly confirmed the information.
While it remains unclear what specific implications a Ripple stablecoin launch on Cardano would have, it could potentially open doors to increased cooperation and technology transfer between the two ecosystems.
Source: www.crypto-news-flash.com
