Charles Hoskinson Confirms Cardano in Talks with WLFI and Chainlink

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FXCryptonews 1 month ago 164

Cardano founder Charles Hoskinson stirred excitement on Sunday, August 31, during his AMA session. He revealed that Cardano is working on cross-chain partnerships to expand its ecosystem. Among the names mentioned were World Liberty Financial’s USD1, Chainlink, and Aave.

USD1 Stablecoin Could Land on Cardano

When asked about the possibility of USD1 launching on Cardano, Hoskinson confirmed the chances are strong. He said Cardano “can land that deal.” For context, USD1 is a stablecoin issued by WLFI ($0.15), a DeFi project inspired by the former President of the United States, Donald Trump. The token launched in March on Ethereum and BNB ($1,115.61) Chain before expanding to Tron in June.

Related article: Cardano’s ADA ($0.65) Holds Support as Hoskinson Highlights Network Growth

Since launch, USD1 has gained traction, becoming the fifth-largest stablecoin with a $2.67 billion market cap. If Cardano secures this partnership, USD1 would become its largest stablecoin, significantly boosting transactions on the network. Hoskinson revealed that IOG Chief of Staff J.J. Siler is already in talks with WLFI CEO Zach Witkoff to finalize the deal.

Chainlink Talks Face Challenges

Hoskinson also disclosed ongoing discussions with Chainlink. However, he admitted that integration may take longer. The LINK ($18.39) team reportedly demanded a high price for collaboration. Despite this hurdle, Hoskinson insisted that Cardano would “handle it” and “figure it out.”

Related article: Charles Hoskinson Slams SWIFT, Calls Legacy Finance a Broken Model

He praised Chainlink founder Sergey Nazarov, describing him as “extremely smart” and a skilled negotiator. Hoskinson noted that Chainlink holds unique technology, making it a “golden egg” in the blockchain space.

Eyeing More Partnerships

Beyond WLFI and Chainlink, Hoskinson expressed interest in partnering with Aave. He explained that bringing USD1, Aave, and Chainlink into the Cardano ecosystem would create strong synergy.

Hoskinson stressed that these partnerships are vital for Cardano’s future. He pointed out that the U.S. government chose Chainlink to launch economic data on-chain because of its technology. To remain competitive, Cardano must match such capabilities. He concluded by noting that the ecosystem must expand through collaborations to stay relevant in the fast-moving crypto market.

The post Charles Hoskinson Confirms Cardano in Talks with WLFI and Chainlink appeared first on FXcrypto News.



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