$XRP Cardano founder apologizes to the XRP community and wants to collaborate with Ripple
Charles Hoskinson, the founder of Cardano, has taken a significant step to end his long-standing conflict with Ripple and the XRP community. In a recent livestream on YouTube, he apologized to the XRP community and said:
"I want to apologize to the XRP community."
Hoskinson seeks collaboration between Cardano and Ripple
Hoskinson emphasized his desire to build bridges and work with the XRP community on shared goals. He explained that this approach is similar to how Cardano collaborates with the Bitcoin ecosystem.
The Cardano founder mentioned two potential areas of collaboration between Cardano and Ripple. First, he mentioned the integration of Cardano's upcoming privacy-focused sidechain called Midnight into the Ripple ecosystem. This sidechain, which combines privacy and regulatory requirements, launched its testnet last month.
Additionally, Hoskinson revealed plans to get involved with Ripple's upcoming stablecoin, Ripple USD (RLUSD). He hinted that this stablecoin could potentially be launched on the Cardano blockchain in the future.
Currently, the RLUSD stablecoin is still in beta testing on Ethereum and the XRP Ledger (XRPL). Last month, the total supply was $47.4 million, with $34.8 million on the XRPL and $12.6 million on Ethereum. Ripple is now preparing for the mainnet launch by announcing partnerships with exchanges and establishing an advisory board.