During a recent conversation with Scott Melker, Input Output Global CEO Charles Hoskinson has stated that XRP DeFi is “coming.”
“Midnight connects us to all the other blockchains, and we add privacy to all those connection points, so we have a lot to add and offer,” he said
The privacy layer
Cardano launched its partner chain, Midnight, in late 2025. It uses Zero-Knowledge (ZK) cryptography to enable private smart contracts
Hoskinson proposed wrapping XRP onto Midnight. This allows XRP holders to use their coins in complex DeFi applications (lending, borrowing, yield farming) while being able to keep transaction data private. This is something the public XRPL cannot do on its own.
This aims to unlock the estimated $100 billion+ in idle XRP liquidity. Midnight could turn into the “privacy layer” for the XRP ecosystem
In December, Hoskinson also surprisingly reached out to the XRP community, asking for a list of the “top 15 projects” to invite to a collaborative DeFi Summit at the University of Edinburgh.
Input Output Global (IOG) committed to integrating native XRP support into Lace (Cardano’s official wallet).
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
XRP Long Liquidations Jump as Crypto Market Loses $285M
Key insights
XRP long traders lost $3.22 million in 24 hours, far exceeding short losses, as liquidation imbalance surged to 537% overall today.
Although XRP rose 0.37% to $1.31, traders expecting a stronger rebound toward $1.50 instead faced rapid liquidations across exchanges
CryptoNewsLand5m ago
“Insiders Dumping Everything Except Oil” Claim Hits Tape: BTC, PI, And XRP Reaction
A viral post claimed insiders were liquidating assets except for oil, reflecting traders' concerns about geopolitical tensions and macroeconomic stress. The narrative highlights oil's resilience amid cautious sentiment in crypto markets like BTC and XRP, impacted by factors like Trump's Iran threats.
LiveBTCNews1h ago
XRP Stabilizes Near Key Levels Amid Fed Pressure and Rule Shift
Key Insights
XRP stabilized near $1.31 as macroeconomic pressures and declining liquidity combined to limit recovery momentum and increase short-term volatility risks significantly.
Proposed stablecoin regulations favor utility models, positioning RLUSD for growth while reducing incentives t
CryptoNewsLand1h ago
XRP Eyes $1.60 as April History Shapes Market Expectations
Key Insights:
XRP historical April data shows sharp gains and losses, with 2021 marking a 180% surge while recent years reflect declining monthly performance trends.
Current price consolidation between $1.28 and $1.36 suggests reduced volatility, signaling a potential breakout as traders mon
CryptoNewsLand1h ago
Crypto investment inflows rebound as XRP tops weekly gains of $224M
Cryptocurrency investment products saw $224 million in inflows last week, driven primarily by XRP and Bitcoin, despite geopolitical uncertainties. Year-to-date, total inflows reached $1.2 billion, with Ether products experiencing significant outflows.
Cointelegraph5h ago
