Ripple CEO hints at potential big Cardano partnership after talks with Charles Hoskinson
Cardano creator Charles Hoskinson took to X to reveal that he had been in talks with Ripple CEO Brad Garlinghouse.
Hoskinson praised Garlinghouse as “extremely collaborative.” “He is a great CEO and extremely collaborative, and I am excited to see how the future unfolds,” Hoskinson said in his post.
The founder of Cardano expressed his excitement for the future, hinting at a possible collaboration between the two crypto ecosystems.
Garlinghouse thanked Hoskinson for his “kind words,” emphasizing that a unified crypto community is essential to driving a level playing field and a clear regulatory framework. “A rising tide lifts all boats,” Garlinghouse added.
As you may well know, while the SEC filed a lawsuit against Ripple in late 2020 for breaking the law by selling the XRP cryptocurrency to investors as an unregistered security, the Wall Street watchdog has subsequently named Cardano’s native token, ADA, among other tokens, as a security in its lawsuits against Binance, Coinbase, and Kraken.
Hoskinson buries the hatchet with the XRP community
The talks between Garlinghouse and Hoskinson came after the latter extended an olive branch to the XRP community following a years-long feud.
There has long been speculation about members of the Ethereum community allegedly bribing the SEC to delist XRP. While Hoskinson is no fan of the regulator, he has maintained that the corruption allegations were unfounded. In May, the IOHK founder and CEO accused the community of misrepresenting his comments and publicly harassing him.
However, Hoskinson recently apologized to XRP fans and offered to collaborate with Ripple on two key projects involving Cardano’s Midnight and Ripple’s upcoming stablecoin, RLUSD.
The recent talks with Garlinghouse come after both XRP and ADA enjoyed double-digit rallies following the re-election of pro-cryptocurrency US presidential candidate Donald Trump on November 6. Over the past seven days, XRP and ADA have added 38.7% and 50.4%, respectively. Trump’s decisive victory raised hopes that spot XRP and ADA exchange-traded funds (ETFs) could hit the US market amid a less hostile SEC.
The ADA price was further boosted by the announcement that Input-Output would be establishing an office in the US to support cryptocurrency policy under the new Trump administration.
