Mitrade Insights is dedicated to providing investors with rich, timely and most valuable financial information to help investors grasp the market situation and find timely trading opportunities.

2021

Best News & Analysis Provider

FxDailyInfo

2022

Best Forex Educational Resources Global

International Business Magazine

Insights

News

Cryptocurrencies

Charles Hoskinson says he wants to bring Ripple’s RLUSD to Cardano

Source Cryptopolitan

Charles Hoskinson, the founder of Cardano and one of the most talked-about figures in crypto, says he’s ready to bring Ripple’s RLUSD stablecoin into his ecosystem.

This came out during an interview with Big Pey, a Cardano-focused YouTube channel, where he talked about meetings with Ripple execs Brad Garlinghouse and David Schwartz. After years of being at each other’s throats, the two camps might finally be working together.

RLUSD, which is set to launch on the XRP Ledger (XRPL) and Ethereum after approval from the New York Department of Financial Services (NYDFS), could eventually be deployed on Cardano.

Here's my interview with @bigpeyYT https://t.co/ZB1slJNaju

— Charles Hoskinson (@IOHK_Charles) December 8, 2024

RLUSD and Cardano’s potential

Charles wants RLUSD to find a home on Midnight, a privacy-focused sidechain within the Cardano network. Midnight runs on a dual-token model with NIGHT for transactions and DUST for governance and staking. Charles envisions RLUSD becoming an alternative currency on the sidechain, alongside XRP.

“It makes sense to bring XRP into the Midnight story,” he said, adding that RLUSD could strengthen the privacy and functionality of Midnight’s ecosystem. Charles believes RLUSD and XRP would enhance its appeal to developers and users alike.

Midnight’s dual-token system already covers transactions and governance, but RLUSD could bring stability to its financial infrastructure.

Marlowe, Cardano’s open-source toolkit for creating smart contracts, might also play a role in this collaboration. Charles suggested that XRP and RLUSD could benefit more from Marlowe than Cardano’s native ADA token ever has.

According to him, its tools align perfectly with the functionality Ripple’s ecosystem requires. Charles pointed out that RLUSD could expand its use cases through Marlowe’s features, making it a more versatile asset. He called the integration “a no-brainer.”

A history of beef

Charles and Ripple’s community haven’t exactly been best friends. In fact, he’s gone as far as calling XRP supporters “trolls” in the past. The Ripple vs. SEC legal drama only made things worse, with Charles taking jabs at Ripple’s fans during the height of the case.

But last month, something changed. As we reported, Charles issued a public apology to the XRP community, admitting that the crypto industry’s infighting was counterproductive. “We all need to move forward,” he said. This opened the door to a more constructive relationship, leading to his recent discussions with Ripple’s leadership.

Let’s not forget who we’re dealing with here. Charles is no stranger to drama. His early days at Ethereum ended with a bitter split from Vitalik Buterin over governance. Charles wanted Ethereum to go for-profit, while Vitalik insisted on a non-profit model.

The fallout led Charles to create Cardano, which he marketed as a superior blockchain with decentralized governance. He’s spent years criticizing Ethereum, calling its governance a “dictatorship” under Vitalik’s control.

But now, Charles wants to see an end to what he’s called “petty tribalism” in crypto. “We have a window to grow this market into the trillions,” he said.

Land a High-Paying Web3 Job in 90 Days: The Ultimate Roadmap

Disclaimer: For information purposes only. Past performance is not indicative of future results.

Recommended Articles

Dollar presses 102 as the 10-year yield sits at 5.14% — and October hike odds are only 17%The dollar index closed at 101.99 (+0.20%) on Monday after briefly topping 102.07, while the 10-year Treasury yield rose to 5.14% and the 2-year hit 4.774% — yet futures price only about a 17% chance of a hike at the October 27-28 FOMC, versus roughly 90% for December. The driver is a global bond selloff, not a Fed repricing: France's 10-year OAT jumped to 4.84% ~ 4.94% and the OAT-Bund spread widened to 140 ~ 146bp. Here are the levels, the cross-asset read-through and what to watch.

Author Irene Q.

Oct 20, Tue

The dollar index closed at 101.99 (+0.20%) on Monday after briefly topping 102.07, while the 10-year Treasury yield rose to 5.14% and the 2-year hit 4.774% — yet futures price only about a 17% chance of a hike at the October 27-28 FOMC, versus roughly 90% for December. The driver is a global bond selloff, not a Fed repricing: France's 10-year OAT jumped to 4.84% ~ 4.94% and the OAT-Bund spread widened to 140 ~ 146bp. Here are the levels, the cross-asset read-through and what to watch.

Meta's AI bill just hit $145 billion — and it issued a new share class to pay for it Meta reported record third-quarter revenue of $64.60 billion, up 26% from a year earlier, and raised full-year 2026 capital expenditure guidance to $135-145 billion from $130-145 billion. To fund that build-out without touching Mark Zuckerberg's voting control, the company announced a 2-for-1 stock split that hands every Class A holder a new non-voting Class C share. Here are the four lines that matter, the peer group that is being re-rated alongside it, and the bull and bear cases.

Author Irene Q.

Oct 22, Thu

Meta reported record third-quarter revenue of $64.60 billion, up 26% from a year earlier, and raised full-year 2026 capital expenditure guidance to $135-145 billion from $130-145 billion. To fund that build-out without touching Mark Zuckerberg's voting control, the company announced a 2-for-1 stock split that hands every Class A holder a new non-voting Class C share. Here are the four lines that matter, the peer group that is being re-rated alongside it, and the bull and bear cases.

The Fed will sit still on October 28 — but 100 of 100 economists now expect a December hike A Reuters poll run October 16-20 found 94 of 100 economists expecting the Fed to hold at 3.75-4.00% on October 28 — and all 100 expecting a hike in December, against less than half a month earlier. The market is close to the same price, with CME FedWatch at roughly 17% for October and 82.8% for December. With the Fed in blackout since October 17, here are the five dates that decide the rest of the year, what each one is priced for, and the two directions each can take.

Author Irene Q.

Oct 22, Thu

A Reuters poll run October 16-20 found 94 of 100 economists expecting the Fed to hold at 3.75-4.00% on October 28 — and all 100 expecting a hike in December, against less than half a month earlier. The market is close to the same price, with CME FedWatch at roughly 17% for October and 82.8% for December. With the Fed in blackout since October 17, here are the five dates that decide the rest of the year, what each one is priced for, and the two directions each can take.

Gold Price Analysis Today | Forex Gold Analysis | XAU/USD Analysis - October 23, 2026 Get the latest gold price analysis, forex gold insights, and XAU/USD analysis for October 23, 2026. Read on for the details.

Author Mitrade

Yesterday 02: 56

Get the latest gold price analysis, forex gold insights, and XAU/USD analysis for October 23, 2026. Read on for the details.

Nasdaq closes at 26,008.86 — 8.9 points above 26,000, and the credit market never blinked The Nasdaq Composite fell 2.60% to 26,008.86 on October 22, its worst session since June, as Meta sank 6.98% on 2026 capex guidance of $135–145 billion. But the equal-weight S&P 500 rose 0.73%, high-yield credit was flat and 10-year yields fell 20 basis points. This was an AI de-rating, not a risk-off event — here is the transmission chain, the 29,000 / 28,200 levels and what would prove it wrong.

Author Irene Q.

21 hours ago

The Nasdaq Composite fell 2.60% to 26,008.86 on October 22, its worst session since June, as Meta sank 6.98% on 2026 capex guidance of $135–145 billion. But the equal-weight S&P 500 rose 0.73%, high-yield credit was flat and 10-year yields fell 20 basis points. This was an AI de-rating, not a risk-off event — here is the transmission chain, the 29,000 / 28,200 levels and what would prove it wrong.

Popular Symbols