Charles Hoskinson, the founder of Cardano, showed his support for Ripple Labs Inc. by commending their launch of the RLUSD stablecoin. He commented, "Well done, Ripple!" in response to the announcement from Ripple's official account.
The launch of RLUSD adds to the vast array of stablecoins available in the crypto industry, reportedly around 195. Hoskinson's positive response highlights a welcoming posture towards competition in the stablecoin space.
The acknowledgment of Ripple's efforts signifies a potential for collaboration or mutual growth between these notable blockchain entities.