Charles Hoskinson, the founding father of Cardano (ADA) and CEO of Enter Output Global (IOG), delivered a large‐ranging AMA on February 2, 2025, protecting potential partnerships with the Web Pc Protocol (ICP), Cardano’s stablecoin methods, Bitcoin interoperability, and ongoing initiatives with numerous international locations. Over the course of practically two and a half hours, Hoskinson shared particulars on governance, budgeting, and technical roadmaps for the Cardano ecosystem whereas additionally commenting on the way forward for multi‐chain purposes.
Partnership Prospects With ICP
One of many recurring matters was cross‐chain collaboration. When requested about the opportunity of working with Dominic Williams and ICP, Hoskinson indicated that discussions about interoperability and cooperation might be on the desk.
Whereas he didn’t present a definitive roadmap, he acknowledged, “It’s doubtlessly potential. ICP was very sad about being excluded. They have been among the finest blockchain candidates for what Wyoming needed to do they usually have been excluded for no cause. So it might be attention-grabbing to see if maybe on the litigation facet they’d need to are available [… ] general there’s numerous good folks in that ecosystem obtained nice scientists in that ecosystem too.Q
Though this comment was made within the broader context of the Wyoming stablecoin project, it highlights Hoskinson’s openness to revisiting relationships with different networks. His stance on multi‐chain interoperability has been constant over time. Hoskinson typically underscores the strategic significance of bridging ecosystems, remarking that the way forward for blockchain is “multi‐chain” and that platforms similar to Cardano can achieve vital worth by way of cross‐pollination with tasks like ICP.
Ongoing Dialog With Ripple
Stablecoins emerged as a focus of the AMA, with Hoskinson referencing a number of proposals, together with Actual USD and RLUSD. He harassed that stablecoins on Cardano should be dealt with transparently and securely, emphasizing that they need to be interoperable with each on‐chain governance and DeFi protocols.
Revisiting the cooperation possibility with Ripple, Hoskinson famous ongoing conversations: We discuss to David Schwartz and Brad Garlinghouse. […] Robust chance we will negotiate one thing with RLUSD. Ripple instructed us to attend until March as they simply completed NYDFS. […] We’ll see if there’s a roadmap and the way they’ll get that performed.”
He additionally proposed a situation by which the Cardano treasury may convert a proportion of its funds right into a stablecoin, doubtlessly utilizing exterior managers to take part in Cardano‐native DeFi. Such an method, Hoskinson argued, “would enhance the quantity of minted stablecoins within the Cardano ecosystem,” thereby boosting complete worth locked (TVL) and liquidity. Nonetheless, he harassed that any such measure would require broad neighborhood debate and on‐chain governance to safe consensus.
Bitcoin Interoperability
Hoskinson maintained his longstanding place that Cardano ought to try to interface immediately with Bitcoin. He defined that it might function a US strategic Bitcoin reserve and a strong asset to onboard and revealed ongoing work on Bitcoin‐based DeFi projects, underscoring plans to current a practical demonstration on the Bitcoin 2025 convention.
Additional, Hoskinson described an ambition to merge Hydra—Cardano’s layer‐2 scalability answer—with the Lightning Community, doubtlessly leading to a “lightning‐Hydra synergy” that fosters larger cross‐chain performance. “Hydra continues to develop […]. We’re exploring the way to merge Hydra with the Lightning Community and create lightning‐Hydra in order that that Bitcoin relationship strengthens,” he mentioned.
Global Adoption
From Africa to Mongolia, Hoskinson outlined a number of ongoing or potential nation‐stage tasks. Whereas discussing a pivot away from direct authorities contracting, he praised the emergence of personal‐sector engagements, similar to microfinance initiatives that leverage Cardano rails.
First, Hoskinson talked in regards to the failed undertaking in Ethiopia: “Once we entered Ethiopia, it was a promising nation […] 5 years later, all these guarantees evaporated and the federal government was getting allegations of genocide amongst different issues […] we tried actually exhausting to construct one thing for the youngsters […] however the authorities simply ghosted us.”
As a substitute, he pointed to non-public sector tasks like RealFi, a Kenyan‐based mostly enterprise targeted on microfinance lending with Cardano’s stablecoin infrastructure in thoughts, saying it might deliver “actual‐world property” and “precise micro‐finance merchandise” onto the blockchain. Based on Hoskinson, this effort “will finally wire in stablecoins, identification programs, and choose Cardano rails.”
Equally, Hoskinson referenced curiosity in Mongolia for potential partnership alternatives. When requested immediately, “Any information from Mongolia and Cardano?” he responded: “I’ve been eager to do one thing substantive in Mongolia for a very long time. […] There’s some dialogue in Wyoming a few gold‐backed stablecoin. It will be actually cool to try this, and Mongolia could be actually cool to do as a world accomplice for it.”
At press time, ADA traded at $0.6755.
Featured picture created with DALL.E, chart from TradingView.com
