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Cardano founder praises XRP as superior to Tether and Circle for open, permissionless access.

Market News
26 May 2026
Crypto news
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Neutral
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Charles Hoskinson, founder of Cardano, praised XRP as a better "Web2.5" product compared to centralized stablecoins like Tether and Circle, highlighting XRP Ledger's open and permissionless access for developers. This marks a notable shift after years of tension between Hoskinson and parts of the XRP community. He emphasized the importance of open protocols and ecosystems, contrasting XRP's decentralized approach with the centralized control of stablecoin issuers who can freeze funds or block access. Hoskinson's comments come amid ongoing governance reviews in Cardano and broader debates on stablecoin regulation in the U.S., underscoring the industry's focus on decentralization and open access.

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