XRP News Today: Cardano to Add XRP Support in Lace Wallet by Year End

Generated by AI AgentCoin World
Sunday, Aug 24, 2025 6:51 pm ET1min read
Aime RobotAime Summary

- Cardano co-founder Charles Hoskinson announced Lace wallet will add XRP support by year-end after discussions with Ripple's Brad Garlinghouse.

- The integration aims to enhance multi-chain interoperability, following Bitcoin and Cardano-native token support, enabling XRP transactions within the wallet.

- Analysts highlight this move strengthens Cardano's competitiveness through improved cross-chain functionality and user access in the blockchain landscape.

- The collaboration marks a shift from prior skepticism to cooperation, with potential joint events and expanded XRP advocacy despite earlier criticisms of community narratives.

Cardano’s co-founder Charles Hoskinson confirmed during a YouTube AMA session on August 24, 2025, that he had a constructive discussion with Ripple CEO Brad Garlinghouse regarding the integration of

into Cardano’s ecosystem [1]. The conversation, described as “great” by Hoskinson, led to the announcement that Cardano’s Lace wallet will add XRP support by the end of the year [1]. The integration is part of Lace’s ongoing strategy to enhance multi-chain interoperability, following earlier support for Cardano-native tokens and [1].

The addition of XRP to Lace will enable users to hold, view, and transact XRP directly within the wallet, expanding its cross-chain functionality [1]. Hoskinson emphasized that the implementation will involve protocol-level adaptations for XRP’s ledger, wallet UI updates, and a staged rollout after security reviews. This approach reflects Cardano’s commitment to both innovation and security in its wallet development [1].

Hoskinson also hinted at broader collaboration between

and the XRP community, including the possibility of hosting joint events with XRP advocates such as John Deaton, who responded positively to the idea [1]. These efforts suggest a shift in Cardano’s engagement with XRP, from previous skepticism to a more cooperative stance. Earlier in 2025, Hoskinson had criticized certain XRP community narratives, such as the “ETHGate” conspiracy theory [1]. However, he has since expressed support for XRP’s potential role in broader financial infrastructure, including its inclusion in U.S. strategic reserves [1].

Analysts have noted that this move could strengthen Cardano’s appeal in the competitive blockchain landscape by improving wallet functionality and user access [1]. The decision aligns with Cardano’s broader roadmap to expand interoperability and provide users with seamless cross-chain experiences. The timeline for the XRP integration is tied to security audits and phased updates, with no specific date yet announced beyond the end-of-year target [1].

Users are advised to update their Lace wallets to the latest version and follow official announcements for activation instructions. Seed phrase backups are recommended prior to enabling new assets [1]. As the integration progresses, the crypto community will be watching closely to see how the collaboration between Cardano and Ripple develops [1].

Source: [1] Cardano's Hoskinson Just Had 'Great' XRP Conversation (https://u.today/cardanos-hoskinson-just-had-great-xrp-conversation-with-ripple-ceo)