Cardano founder Charles Hoskinson recently praised Ripple's CTO, David Schwartz, praising his leadership and Ripple's resilience amid ongoing challenges.
During recent times live feedHoskinson described Schwartz as “very smart” and “really passionate,” emphasizing his resilience despite Ripple’s ongoing legal battle with the US Securities and Exchange Commission.
"Dave Schwartz is a great guy. He's a great guy. He's a lot of fun to be in meetings with, and I love hanging out with him," Hoskion said.
He went on to highlight how Ripple, even after facing lawsuits, delistings and regulatory hurdles, has remained resilient and continues to move forward.
Ripple has been engaged in a legal battle with the Securities and Exchange Commission since December 2020, when the regulator accused the company of... procedure Offering unregistered securities by selling XRP (XRP) Symbols.
While Ripple achieved a partial victory in July 2023, when a federal judge ruled against it to rule XRP is not a security when sold on public exchanges, and the issue is still ongoing Appeals Unresolved penalty shootouts are still in effect.
However, Hoskinson remains optimistic about Ripple's future, noting that despite being excluded, delisted, sued and forced to fight even after legal victories, the company remains resilient.
"They're still here. They're still standing. They've got a bright future because of it."
Hoskinson's recent shift in stance towards Ripple has caught the public off guard apology To the XRP community on November 10, he signaled a turning point in his career relationship With Ripple and its advocates.
Hoskinson confirmed interview Schwartz met with Ripple CEO Brad Garlinghouse to discuss potential synergies between the two ecosystems, sparking speculation about a potential collaboration.
And then, on December 8th interviewthe Cardano founder revealed that the conversation explored potential collaboration opportunities between the Cardano and XRP ecosystems, with an emphasis on Cardano's privacy-focused sideline, midnightand its own smart contract toolkit, Marlowe.
Hoskinson hopes to “include XRP in the midnight story” and believes the cryptocurrency is a better fit for Marlowe than... Adathe native token of the Cardano blockchain.
He also brought up an idea to merge Ripple coming Stablecoin RLUSD In the Cardano blockchain.
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