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Charles Hoskinson, the founder of Cardano, confirmed that his team is working with Ripple’s RLUSD stablecoin. These conversations are part of ongoing efforts to incorporate RLUSD into the Cardano ecosystem. During a recent livestream, Hoskinson responded to community inquiries about the stablecoin’s potential launch schedule on Cardano.

 

Although discussions began last year, several external factors, particularly business developments involving Circle, the USDC issuer, continue to influence its trajectory. Mr. Hoskinson noted that assessing the broader implications of a possible Ripple acquisition of Circle is an aspect of the ongoing talks.

The acquisition is reportedly worth around $11 billion. Such development could significantly alter RLUSD’s growth and SEO strategy. If RLUSD and Circle were to merge, timelines for integration may need to be updated.

Hoskinson also disclosed that Cardano had volunteered to provide free support for the RLUSD integration.

Reports indicate that the RLUSD team declined this offer, stating that technical and strategic issues must be addressed before any implementation.

These issues include deciding whether to integrate RLUSD through a direct issuance strategy or a layer-zero routing system, which several blockchain projects are actively investigating. Although no official agreement has been reached thus far, the teams remain in active discussion.

Meanwhile, Bitget has recently added support for the Ripple USD (RLUSD) stablecoin, becoming the newest cryptocurrency trading platform. Users can now deposit the token into the exchange. The first two trading pairs for RLUSD will be RLUSD/USDT and RLUSD/USDC.