Charles Hoskinson is negotiating with Ripple executives, Brad Garlinghouse and David Schwartz, regarding the implementation of RLUSD. They plan to resume discussions in March after Ripple completes its obligations with NYDFS.
Despite recent declines, with ADA dropping 19% in 24 hours and 23% in a week, Hoskinson believes Cardano has outperformed other cryptocurrencies such as Dogecoin and Solana during this downturn.
Hoskinson anticipates blockchain’s expanded role in governance within the next five years, with applications in voting and identity management. He also suggests a possible collaboration for a Bitcoin reserve to enhance Cardano’s standing in DeFi.