Charles Hoskinson’s gossip intensified Cardano Stablecoin from Ripple, RLUSD, may add to its platform. He stated that the Cardano team speaks regularly with Ripple leaders about the use of RLUSD.
The encryption leaders have had a level of chemistry since last year. Indeed, in November, they exchanged kind words, while Brad Garlinghyus said, “It is now time to meet the encryption community, pressure for a level of clear level and rules of the road.”
In addition, earlier this year, he said, “We have already made a call with the people of Rlusd. We are actively speaking.”
He also made the industry interested when he said, “We are talking to David Schwartz and Brad Garlinghyus. A strong possibility we can negotiate with RLUSD.
Something to note that RLUSD has recently reached a market value of $ 100 million. Charles Hoskinson indicated that large news may be announced next month.
Charles Hoskinson says February will be a crazy month for Cardano
Cardano founder hinted that February would be a “very crazy” month for the encryption project. With his words, “February will be a very crazy month. You will see.”
in videoHoskinson stated that there are many interesting developments that occur with the Cardano project, but he cannot share the details at this time.
However, there are some projects it has put forward. The first one was about working with Dominic Williams and ICP. He stated that they can talk about cooperation and work together.
Although he did not make a clear plan, he said, “It could be possible.” He explained that ICP was upset with their exclusion because they were a better choice for Wyoming’s Blockchain plans, but they were unfairly excluded.
This is not a surprise. He has always been firm about the importance of multiple communication. He believes that Blockchain’s future is “multiple chain”. He believes that Cardano can become more valuable by collaborating with projects like ICP.
Other than joining RLUSD, Charles Hoskinson has another idea. A scenario in which the Cardano Treasury could convert a percentage of its money to Stablecoin, and perhaps use external managers to participate in Cardano – Defi.
He said this method will create more Stablecoins in Cardano. This would help increase the total value and liquidity. However, this procedure will need a wide discussion between society and the Blockchain voting process for everyone’s agreement.
Also, Hoskinson described an ambition to integrate Hydra, a solution to Cardano Layer 2 with lightning network. This may lead to “lightning shower” that enhances the functions of increased clump. He said , “Hydra continues to grow […] We explore how to combine Hydra with Lightning and create Lightning -Heydra to enhance this Bitcoin relationship. “
Next, he mentioned a private project, Realfi in Kenya. It is focused on microfinance lending using Cardano’s Stablecoin. He said that this will show “the assets of the real world” and “actual microfinance products” to Blockchain. He stressed that this project will eventually include Stablecoins and identification systems and will be built on the Cardano platform.
Finally, Mongolia’s Hoskinson’s Hooskinson mentioned about potential partnerships. He said that people in Wyoming talk about gold -backed Stablecoin.
Cardano was crashed after Charles Hoskinson’s video
Cardano crashed more than 30 % hours after the founder talked about future projects. It reached a decrease on November 10 at $ 0.506.
However, the decline in prices is not for Ada, as the broader encryption market witnessed a significant decline with the beginning of a trade war implemented by Trump on the definitions.
Nearly 460,000 merchants lost a total of $ 1.22 billion, with ETHEREUM suffering from the largest loss of $ 258.85 million. Analysts believe that the markets have not fully estimated the effects of global events.
ADA appears to be with the broader encryption industry. In the past 24 hours, the ten best coins by the market have seen Ziada. Lead It saw a 7.3 % increase and is now sitting at $ 0.7602.
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