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XRP News Today: Cardano Integrates XRP Support into Lace Wallet

Coin WorldTuesday, Jun 10, 2025 7:29 am ET

1min read

In a significant development for the decentralized finance (DeFi) landscape, Charles Hoskinson, the founder of Cardano, has officially confirmed that XRP support will be integrated into Cardano’s native Lace Wallet. This announcement was made during a recent “Surprise AMA” YouTube session, highlighting a growing collaboration between Cardano (ADA) and Ripple (XRP).

Initially launched in April 2023 as a dedicated wallet for ADA and Cardano-native tokens, Lace has since expanded its capabilities. Earlier this year, it added support for Bitcoin, and now, with the integration of XRP, it is set to become an even more robust multi-chain wallet. This move is part of a broader strategy to enhance interoperability and user convenience within the Cardano ecosystem.

During the AMA, Hoskinson confirmed that discussions between Input Output Global (IOG) and Ripple teams have progressed from competition to collaboration. This integration will allow Lace users to hold, send, and receive XRP seamlessly, positioning the wallet as a unified multi-chain gateway. The warm rapport between the Cardano and Ripple teams suggests a shift from past tensions to a more cooperative relationship, which could have significant implications for the future of DeFi.

From a broader perspective, the integration of XRP into Lace demonstrates Cardano’s commitment to becoming a central hub in the Web3 and DeFi ecosystems. By embracing interoperability, both Cardano and Ripple stand to benefit. Users will gain frictionless access to assets across different chains, while developers will have more opportunities to build cross-platform applications. For XRP, this integration opens the door to new audiences and wallets, enhancing user convenience. For ADA and the Cardano ecosystem, it marks a strategic leap toward inclusion and technological synergy.

While no specific launch date has been announced, developers at IOG are actively working on integrating XRP support into Lace. The wallet’s roadmap, which includes the addition of ADA assets, BTC, and now XRP, signals a deliberate, phased expansion toward becoming a true multi-chain wallet. This development is not just about adding another cryptocurrency to the wallet; it represents a new era of collaboration between Cardano and Ripple, rooted in interoperability and mutual growth.

As we await the technical rollout, crypto communities can anticipate more integrated DeFi experiences, deeper cross-blockchain cooperation, and innovation fostering a truly interconnected ecosystem. This move by Cardano underscores its commitment to adapting and evolving in response to the changing needs of its users, positioning itself as a leader in the development of a more connected and collaborative blockchain ecosystem.

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