Cardano Founder: "Will Integrate Bitcoin and XRP with DeFi"

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Son Min

Summary

  • The founder of Cardano stated that he plans to integrate Bitcoin and XRP into the company’s DeFi to promote global financial inclusion.
  • Hoskinson announced plans to improve the compatibility between Bitcoin and DeFi and to integrate with XRP.
  • Hoskinson predicted that, within a few years, Bitcoin could reach up to $500,000.
Source=Input Output YouTube Capture
Source=Input Output YouTube Capture

The founder of Cardano (ADA) has announced intentions to integrate Bitcoin (BTC) and XRP into the company’s Decentralized Finance (DeFi) in an effort to promote global financial inclusion.

According to cryptocurrency-specialized media outlet Coindoo on the 3rd (local time), Cardano founder Charles Hoskinson stated during the 'Bitcoin 2025' session, "(Compared to other cryptocurrencies,) Bitcoin’s rigid characteristics have established its identity," but also added, "These characteristics limit Bitcoin’s compatibility with DeFi." He continued, "We have developed a way to connect Bitcoin to the DeFi ecosystem. The evolution of DeFi will drive the next stage of cryptocurrency adoption," he said.

He also mentioned integration with XRP, stating, "We plan to integrate XRP into our DeFi infrastructure," and noted, "XRP has a major advantage in cross-border payments." Furthermore, he emphasized, "The future of blockchain lies in cooperation, not competition," and said, "Bitcoin, XRP, and Cardano working together can promote global financial inclusion."

Meanwhile, Charles Hoskinson also projected that, in the coming years, Bitcoin could reach up to $500,000.

As of 3:31 PM, Bitcoin is trading at $105,218 on Binance’s USDT market, up 0.29% from 24 hours earlier.

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Son Min

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