Cardano founder Charles Hoskinson has confirmed that XRP DeFi is coming, planning to unlock over $100 billion in dormant liquidity through cross-chain integration.
XRP - Midnight Integration Details
- The Strategy: Wrapping XRP on Midnight, Cardano’s privacy-focused sidechain.
- DeFi Use Cases: Lending, borrowing, and yield farming for XRP holders.
- Confidentiality: Utilizes Zero-Knowledge (ZK) cryptography for selective disclosure and institutional compliance.
- Collaboration: IOG will integrate native XRP support into the Lace wallet.
"Midnight connects us to all the other blockchains, and we add privacy to all those connection points... we have a lot to add and offer." — Charles Hoskinson.
