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Cardano's Hoskinson mocks Ripple's claim as the global payment standard amid rivalry with Avalanche and Ripple.

Market News
02 Apr 2026
UToday
View Source
Bearish
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Cardano founder Charles Hoskinson responded ironically to Avalanche's Emin Gün Sirer's April Fools' joke about Ripple's banking dominance by sarcastically repeating Ripple's slogan "But it's the Standard!" This highlights Hoskinson's skepticism about Ripple's claims of becoming the global cross-border payment standard. The exchange reflects ongoing competition among Cardano, Avalanche, and Ripple in the real-world asset tokenization market, with Cardano opposing Ripple-backed legislation favoring XRP. This public clash underscores the intense rivalry in the crypto space as these projects vie for market leadership.

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