Charles Hoskinson Confirms XRP Integration in Cardano’s Lace Wallet
Highlights:
- Cardano’s Lace Wallet will soon support XRP, expanding its multi-chain functionality.
- XRP holders will be eligible for the upcoming Midnight token airdrop, targeting 37 million users.
- Cardano and Ripple teams have improved relations, signaling potential future collaborations.
Lace Wallet, developed by Cardano, is set to integrate XRP in the future, indicating a significant advancement to the ecosystem. Charles Hoskinson, the founder of Cardano, was recently in a YouTube AMA and made this affirmation, suggesting that the Web3 non-custodial wallet will enable individuals to have the capacity to store, transfer, and receive XRP. This move aligns with the company’s long-term vision of developing Lace into a multi-chain wallet that currently supports Bitcoin and Cardano.
Cardano founder announces plans to add XRP support to its native wallet@Cardano $ADA founder Charles Hoskinson announced plans to add XRP support to its ecosystem’s native wallet Lace during a "Surprise AMA" session on YouTube, according to The Crypto Basic. During the…
— CoinNess Global (@CoinnessGL) April 25, 2025
Lace Wallet Expands to Include XRP
In the three hours of AMA, Hoskinson expounded on the current relationship between Cardano’s Input Output Global (IOG) team and Ripple. He also stated that there have been noticeable improvements in relations between the two teams despite previous tensions.
He also noted that Cardano’s IOG team is currently considering partnering with Ripple. One of them is the addition of support for XRP to Lace Wallet. This integration will ensure that users can operate XRP right from the wallet such as ADA and BTC.
Hoskinson, however, did not announce the exact time when the feature would be rolled out, but he said that it is in the works. The cooperation between Cardano and Ripple can be considered as an example of moving from the competition on the market. Additionally, this move gets reinforced by Ripple’s backing of Hoskinson to deliver a speech at a Ripple event.
XRP Holders to Receive Midnight Token Airdrop
Besides the wallet integration, Hoskinson also said that XRP holders would be able to claim the upcoming Midnight (NIGHT) token airdrop. Midnight is a privacy-oriented blockchain that ensures that decentralized applications operate securely and with full transparency.
XRP holders will be included in the other blockchain users to receive the NIGHT tokens through the airdrop with a target of reaching 37 million users. This will help in reaching out to various blockchain communities and ensure that the user base for Midnight is expanded.
WHY MIDNIGHT IS A GAMECHANGER FOR CARDANO 🤔
– Introduces zero-knowledge smart contracts
– Enables private, compliant transactions without centralized oversight
– Interconnects Cardano with 8 major chains: BTC, ETH, SOL, BNB, XRP, AVAX, BAT
– Opens the door for regulated… https://t.co/8Ep5A57xqw pic.twitter.com/dzEzSlDrGV
— TapTools (@TapTools) April 9, 2025
This cross-chain airdrop strategy is as well another way of cementing Cardano’s inclusiveness of other blockchain networks. Moreover, the implementation of XRP in the airdrop is one with the Cardano concept of connecting multiple ecosystems. Consequently, this enables interoperability for users across various blockchain platforms.
A New Chapter for Lace Wallet and Cardano
Since its introduction in April of 2023, specifically to support Cardano assets only, Lace has grown. The recent addition of Bitcoin support shows that the platform is increasingly becoming a multi-chain platform. According to Hoskinson, the wallet has a secure interface and is suitable for users who have assets in multiple blockchains. The addition of XRP will further cement Lace as a multi-chain wallet solution. Many users will have an opportunity to manage their digital assets.
By so doing, Lace Wallet is set to become an all-inclusive tool for crypto traders and investors alike. The multiple forms of support it carries on different cryptocurrencies, such as Cardano, Bitcoin, and XRP, show that it aims to go beyond its own ecosystem. This evolution is advantageous for Cardano users and brings the appeal to XRP holders to have a seamless integrated wallet across various networks.
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Raymond Munene
Raymond Munene is a crypto content writer who contributes to Crypto2Community. With over three years of experience, he is interested in Bitcoin, Blockchain, and Technical Analysis. Focusing on daily market analysis, his research helps traders and investors alike. His particular interest in cryptocurrency and blockchain aids his audience.
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