Cardano Founder: "I Support Trump's Decision... XRP Has Excellent Technology"

Source
Son Min

Summary

  • Charles Hoskinson, founder of Cardano, referred to XRP as a global standard and expressed support for President Trump's decision to utilize altcoins.
  • He emphasized that XRP has survived in the market for 10 years with excellent technology and a strong community.
  • Economist Peter Schiff criticized the inclusion of XRP in reserve assets, stating that he couldn't understand the decision.

Amid criticism from American economist Peter Schiff, who questioned why altcoins like XRP were included in the US strategic reserve assets, the founder of Cardano has expressed support for Trump's decision.

On the 3rd (local time), Charles Hoskinson, founder of Cardano, stated via X that "XRP is a global standard" and that it "has excellent technology and has survived for 10 years." He continued, "XRP is a project with a strong community" and "I think the president made the right decision."

Previously, Peter Schiff had questioned via X, "What logic is there for including XRP in reserve assets?" expressing his confusion about why altcoins should be included in reserve assets.

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Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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