- Cardano founder Charles Hoskinson plans to integrate XRP’s DeFi capabilities onto the Cardano blockchain, potentially unlocking $140 billion in value.
- He also envisions Bitcoin DeFi growing to four times the combined size of Ethereum and Solana, positioning Cardano as a key DeFi enabler.
Cardano’s founder, Charles Hoskinson, is making waves in the crypto world with his bold vision to integrate decentralized finance (DeFi) features not only from Bitcoin but also XRP onto the Cardano blockchain. This ambitious strategy could unlock billions of dollars in value, further positioning Cardano as a key player in the evolving DeFi landscape.
Hoskinson recently spoke with Bitcoin.com’s Frederick Munanwa, sharing his excitement about the potential synergy between Cardano and the XRP ecosystem. After years of distance, Cardano and Ripple — the primary force behind XRP — appear to be forging a stronger relationship, opening doors for collaboration that many had only speculated about.
Also read: Ripple’s RLUSD: How This Synthetic Stablecoin Could Become America’s Next Digital Dollar Without Federal Reserve Approval
At the core of Hoskinson’s vision is the idea of adding smart contract capabilities to the XRP Ledger through Cardano’s infrastructure. Despite XRP’s rapid growth and broad adoption, its ledger currently lacks a native DeFi layer. Hoskinson believes that by integrating this computational layer, Cardano can unlock approximately $140 billion in value — a significant boost for both networks.
This plan builds on Hoskinson’s prior statements about Cardano’s efforts to bring DeFi onto Bitcoin, where he predicts that Bitcoin-based DeFi could reach a total value locked (TVL) four times greater than Ethereum and Solana combined. With Ethereum and Solana together currently holding about $73.5 billion in TVL, the potential upside is massive.
Hoskinson emphasized that Cardano’s architecture, particularly its shared UTXO model with Bitcoin, gives it a unique edge in enabling this multi-blockchain DeFi expansion. He and his team see this integration as a natural step that could accelerate growth in transaction volume and total value locked, further enhancing Cardano’s competitive stance in the crypto market.
Industry observers are already buzzing with speculation. For instance, the Cardano community group Altcoin Oracle suggested that ADA could surge to $20 if Cardano becomes the leading platform enabling DeFi for Bitcoin and XRP. With this ambitious roadmap, Hoskinson is clearly positioning Cardano not just as a smart contract platform but as a bridge connecting some of the largest crypto ecosystems in the world.
As the lines between blockchains blur, the potential for Cardano to unlock massive new value by hosting XRP DeFi and Bitcoin DeFi is becoming increasingly clear — a move that could redefine the decentralized finance landscape for years to come.
