{"id":10986,"date":"2025-02-03T07:31:31","date_gmt":"2025-02-03T07:31:31","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=10986"},"modified":"2025-02-03T07:31:31","modified_gmt":"2025-02-03T07:31:31","slug":"hoskinson-teases-cardanos-plans-bitcoin-icp-ripple-and-global-adoption","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=10986","title":{"rendered":"Hoskinson Teases Cardano\u2019s Plans: Bitcoin, ICP, Ripple And Global Adoption"},"content":{"rendered":"
\n

Charles Hoskinson, the founder of Cardano (ADA) and CEO of Input Output Global (IOG), delivered a wide\u2010ranging AMA on February 2, 2025, covering potential partnerships with the Internet Computer Protocol (ICP), Cardano\u2019s stablecoin strategies, Bitcoin interoperability, and ongoing initiatives with various countries. Over the course of nearly two and a half hours, Hoskinson shared details on governance, budgeting, and technical roadmaps for the Cardano ecosystem while also commenting on the future of multi\u2010chain applications.<\/p>\n

Partnership Prospects With ICP<\/h2>\n

One of the recurring topics was cross\u2010chain collaboration. When asked about the possibility of working with Dominic Williams and ICP, Hoskinson indicated that discussions about interoperability and cooperation could be on the table.<\/p>\n

While he did not provide a definitive roadmap, he stated, \u201cIt\u2019s potentially possible. ICP was very unhappy about being excluded. They were one of the best blockchain candidates for what Wyoming wanted to do and they were excluded for no reason. So it would be interesting to see if perhaps on the litigation side they\u2019d want to come in [\u2026 ] overall there\u2019s a lot of good people in that ecosystem got great scientists in that ecosystem too.Q<\/p>\n

Although this remark was made in the broader context of the Wyoming stablecoin project<\/a>, it highlights Hoskinson\u2019s openness to revisiting relationships with other networks. His stance on multi\u2010chain interoperability has been consistent over the years. Hoskinson often underscores the strategic importance of bridging ecosystems, remarking that the future of blockchain is \u201cmulti\u2010chain\u201d and that platforms such as Cardano can gain significant value through cross\u2010pollination with projects like ICP.<\/p>\n

Ongoing Conversation With Ripple<\/h2>\n

Stablecoins emerged as a focal point of the AMA, with Hoskinson referencing multiple proposals, including Real USD and RLUSD. He stressed that stablecoins on Cardano must be handled transparently and securely, emphasizing that they should be interoperable with both on\u2010chain governance and DeFi protocols.<\/p>\n

Revisiting the cooperation possibility with Ripple<\/a>, Hoskinson noted ongoing conversations: We talk to David Schwartz and Brad Garlinghouse. [\u2026] Strong possibility we can negotiate something with RLUSD. Ripple told us to wait till March as they just finished NYDFS. [\u2026] We\u2019ll see if there\u2019s a roadmap and how they\u2019ll get that done.\u201d<\/p>\n

He also proposed a scenario in which the Cardano treasury could convert a percentage of its funds into a stablecoin, potentially using external managers to participate in Cardano\u2010native DeFi. Such an approach, Hoskinson argued, \u201cwould increase the amount of minted stablecoins in the Cardano ecosystem,\u201d thereby boosting total value locked (TVL) and liquidity. However, he stressed that any such measure would require broad community debate and on\u2010chain governance to secure consensus.<\/p>\n

Bitcoin Interoperability<\/p>\n

Hoskinson maintained his longstanding position that Cardano should strive to interface directly with Bitcoin. He explained that it can serve as a US strategic Bitcoin reserve and a powerful asset to onboard and revealed ongoing work on Bitcoin\u2010based DeFi projects,<\/a> underscoring plans to present a functional demonstration at the Bitcoin 2025 conference.<\/p>\n

Further, Hoskinson described an ambition to merge Hydra\u2014Cardano\u2019s layer\u20102 scalability solution\u2014with the Lightning Network, potentially resulting in a \u201clightning\u2010Hydra synergy\u201d that fosters greater cross\u2010chain functionality. \u201cHydra continues to grow [\u2026]. We\u2019re exploring how to merge Hydra with the Lightning Network and create lightning\u2010Hydra so that that Bitcoin relationship strengthens,\u201d he said.<\/p>\n

Global Adoption<\/p>\n

From Africa to Mongolia, Hoskinson outlined several ongoing or potential country\u2010level projects. While discussing a pivot away from direct government contracting, he praised the emergence of private\u2010sector engagements, such as microfinance initiatives that leverage Cardano rails.<\/p>\n

First, Hoskinson talked about the failed project in Ethiopia: \u201cWhen we entered Ethiopia, it was a promising nation [\u2026] five years later, all those promises evaporated and the government was getting allegations of genocide amongst other things [\u2026] we tried really hard to build something for the kids [\u2026] but the government just ghosted us.\u201d<\/p>\n

Instead, he pointed to private sector projects like RealFi, a Kenyan\u2010based venture focused on microfinance lending with Cardano\u2019s stablecoin infrastructure in mind, saying it would bring \u201creal\u2010world assets\u201d and \u201cactual micro\u2010finance products\u201d onto the blockchain. According to Hoskinson, this effort \u201cwill eventually wire in stablecoins, identity systems, and settle on Cardano rails.\u201d<\/p>\n

Similarly, Hoskinson referenced interest in Mongolia for possible partnership opportunities. When asked directly, \u201cAny news from Mongolia and Cardano?\u201d he responded: \u201cI\u2019ve been wanting to do something substantive in Mongolia for a long time. [\u2026] There\u2019s some discussion in Wyoming about a gold\u2010backed stablecoin. It would be really cool to do that, and Mongolia would be really cool to do as an international partner for it.\u201d<\/p>\n

At press time, ADA traded at $0.6755.<\/p>\n

\"Cardano<\/div>\n","protected":false},"excerpt":{"rendered":"

Charles Hoskinson, the founder of Cardano (ADA) and CEO of Input Output Global (IOG), delivered a wide\u2010ranging AMA on February 2, 2025, covering potential partnerships with the Internet Computer Protocol (ICP), Cardano\u2019s stablecoin strategies, Bitcoin interoperability, and ongoing initiatives with various countries. Over the course of nearly two and a half hours, Hoskinson shared details […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-10986","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/10986","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10986"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/10986\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10986"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10986"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10986"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}