Cardano (ADA) founder Charles Hoskinson announced today a series of new developments and strategic partnerships aimed at expanding Cardano’s ecosystem and strengthening its position as a major player in the blockchain industry.
Hoskinson revealed that Cardano is currently in talks with Ripple regarding a potential collaboration involving Ripple’s stablecoin, RLUSD. “Things are going really well with Ripple. We’re in talks with RLUSD,” he said, suggesting that deeper interoperability between the two blockchain networks could be on the horizon.
In another promising development, Hoskinson said that Flare Networks, the team behind the FLR token, is interested in joining the Cardano ecosystem to collaborate on oracle solutions.
The Cardano founder also touched on talks with World Mobile Group, aiming to formalize a deeper partnership. “We talked about finalizing some formal relationships. I would like the second partner chain to be World Mobile. Right after Midnight, that’s next. We’re working in that direction,” he said.
Hoskinson also touched on regulatory issues, expressing optimism about new leadership at the U.S. Securities and Exchange Commission (SEC). He praised newly appointed SEC Chairman Paul Atkins, saying: “What Gensler did will fix a lot of the problems. Paul is part of the solution. All we have to do is legislate this and it will happen by August.”
*This is not investment advice.