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
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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 XRPXRP-- 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 BitcoinBTC-- [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 CardanoADA-- 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)

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