Charles Hoskinson, the founder of Cardano $1, made comments regarding Ripple $3 Labs Inc.’s newly launched RLUSD stablecoin. In response to an update on Ripple Labs’ official X account, Hoskinson tweeted, “Well done, Ripple!”
Charles Hoskinson’s Perspective
Across the cryptocurrency industry, there are approximately 195 stablecoins supported by the US Dollar or other reserves. Tether (USDT) and Circle (USDC) control over 85% of the total stablecoin market value, which exceeds $212 billion. Despite this dominance, companies like Rip…
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