Cardano’s Hoskinson Backs Ripple in Acquisition Battle, Criticizing Ecosystem Centralization

Charles Hoskinson, founder of Cardano, has taken a prominent stance on the ongoing acquisition race for stablecoin issuer Circle. During a recent YouTube video titled “Ask Me Anything,” Hoskinson voiced his support for Ripple’s potential acquisition of Circle, arguing that such a move would benefit the cryptocurrency ecosystem as a whole. He expressed concerns regarding potential antitrust issues surrounding the deal and highlighted its positive impact on promoting broader market growth.