ARTICLE AD BOX
- Charles Hoskinson joins Trump’s crypto policy team, highlighting a significant milestone for Cardano and the broader blockchain ecosystem.
- Cardano expands privacy and interoperability through the Midnight project, addressing real-world asset adoption and compliance challenges.
The founder of Cardano, Charles Hoskinson, has lately shown great hope about the future of Cardano (ADA) and indicated important changes that can improve its position in the blockchain ecosystem. Hoskinson’s vision for Cardano is described together with the wider ramifications for the crypto space in a video by Altcoin Buzz.
How Cardano Could Benefit from Upcoming U.S. Crypto Laws
Hoskinson’s interaction with the crypto policy team of the incoming Trump administration gives Cardano great hope. Hoskinson is likely to be very important, maybe even the team organizer, as the government is about to apply laws that could help the sector. This development is considered a significant milestone not only for Cardano but also for the entire crypto sector.
Emphasizing that pro-crypto policies complement strengthening the U.S. dollar by using stablecoins to keep USD’s global reserve money status, Trump’s government has Cardano’s stablecoin ecosystem—which features bridged USDT and USDC choices as well as DJED—positioned to profit from these changes. Including RLUSD into Cardano highlights even more its ability to challenge reigning stablecoins like Tether and USDC.
Midnight Project Enhances Blockchain Privacy
Cardano is making big moves to improve its habitat. With more than 60% of ADA’s supplies staked right now, this reflects great community dedication. By means of the “Midnight” sidechain project, the platform is also expanding its privacy and interoperability projects.
For other blockchains such as Solana and Ethereum, as well as for Cardano, midnight improves anonymity. Moreover, Cardano’s advancement as a layer-2 Bitcoin solution for improved smart contract capability emphasizes its dedication to creativity.
Hoskinson’s comments underline the need for privacy in enabling the acceptance of real-world assets (RWA). Cardano is leveraging a market projected to be $20 trillion, including real estate, intellectual property, and other regulated assets, by tackling privacy and compliance issues.
Using multi-resource consensus, the Midnight protocol provides a smooth connection with many blockchain systems.
Fostering Collaboration Through Strategic Blockchain Alliances
The way Cardano approaches things has changed under Hoskinson’s direction. Originally seen as isolated, the project is currently aggressively creating links between other blockchain environments. New times of cooperation are signaled by alliances with Flare Networks, Chainlink, and Circle (for USDC integration).
These changes seek to improve decentralized finance (DeFi) systems and promote interoperability, therefore helping ADA holders eventually.
Meanwhile, as of writing, ADA is swapped hands at about $1.06, up 5.53% over the last 24 hours and 15.97% over the last 7 days.
[mcrypto id=”419861″]