By Nermeen Nabil Khear 
Charles Hoskinson has intensified chatter that Cardano might add Rippleās stablecoin, RLUSD, to its platform. He mentioned that Cardanoās team regularly talks with Rippleās leaders about using RLUSD.Ā
The two crypto leaders have had some level of chemistry since last year. In fact, in November they exchanged kind words, while Brad Garlinghouse said, āNow is the time for the crypto community to come together, push for a level playing field and clear rules of the road.ā
In addition, earlier this year, he stated, āWeāve already had a call with the RLUSD people. We are actively talking.ā
He further made the industry pay attention when he said, āWe talk to David Schwartz and Brad Garlinghouse. Strong possibility we can negotiate RLUSD. Ripple told us to wait till March as they just finished NYDFS. Weāll see if thereās a roadmap and how theyāll get that done.ā
Something to note is that RLUSD recently reached a market value of $100 million. Charles Hoskinson indicated that big news might be announced next month.
Charles Hoskinson says February is going to be a crazy month for Cardano
Cardanoās founder has hinted that February will be a āvery crazyā month for the crypto project. In his words, āFebruary is going to be a very crazy month. Youāll see.ā
In a video, Hoskinson mentioned that there are many interesting developments happening with the Cardano project, but he cannot share details at this time.
Still, there are some projects that he has brought to light. The first one was about working with Dominic Williams and ICP. He mentioned that they could talk about collaboration and working together.
Although he didnāt give a clear plan, he said, āIt could be possible.āĀ He explained that ICP was upset about being left out because they were a top choice for Wyomingās blockchain plans, but they were unfairly left out.Ā
This is no surprise. He has always been firm about the importance of multi-chain connectivity. He believes the future of blockchain is āmulti-chain.āĀ He thinks that Cardano can become much more valuable by collaborating with projects like ICP.
Other than joining RLUSD, Charles Hoskinson has another idea. He proposed a scenario in which the Cardano treasury could convert a percentage of its funds into a stablecoin, possibly using external managers to participate in Cardanoānative DeFi.Ā
He said that this method would create more stablecoins in the Cardano system. This would help increase the total value and liquidity. However, such action would need a wide discussion among the community and a voting process on the blockchain to get everyoneās agreement.
Also, Hoskinson described an ambition to merge Hydra, Cardanoās layer 2 scalability solution with the Lightning Network. This could possibly result in a ālightningāHydra synergyā that fosters greater crossāchain functionality. He said, āHydra continues to grow [ā¦] Weāre exploring how to merge Hydra with the Lightning Network and create lightningāHydra so that that Bitcoin relationship strengthens.ā
Next, he mentioned a private project, RealFi in Kenya. It is centered on microfinance lending using Cardanoās stablecoin system. He said this would introduce āreal-world assetsā and āactual microfinance productsā to the blockchain. He asserted that this project will eventually include stablecoins and identification systems and will be built on the Cardano platform.
Finally, Hoskinson mentioned interest from Mongolia about potential partnerships. He said that people in Wyoming are talking about a stablecoin that is backed by gold.Ā
Cardano crashed after Charles Hoskinsonās videoĀ
Cardano crashed over 30% hours after the founder spoke of the future projects. It hit a low not seen since November 10 at $0.506.Ā
Still, the price drop is not specific to ADA, as the broader crypto market has experienced a significant slump with the start of a Trump-initiated trade war over tariffs.
Nearly 460,000 crypto traders lost a total of $1.22 billion, with Ethereum suffering the largest loss of $258.85 million. Analysts believe that the markets did not fully appreciate the effects of global events.
ADA together with the broader crypto industry seems to be recovering. In the last 24 hours, the top ten coins by market cap have experienced a surge. ADA has seen a surge of 7.3% and now sits at $0.7602.
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This articles is written by : Nermeen Nabil Khear Abdelmalak
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